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Military Pension being charged early withdrawal penalty.
My husband and I have the desktop version. When finished entering the 1099-R, and pressing the non-qualified button, the expected screen does not appear. Usually, the next screen asks you to identify the non-qualified plan. This year it goes to the Yes/No screen and asks are you taking payments before 59 1/2. And then it tacks on another $1000 in owed taxes, making total owed taxes $3550. On $7000+ taxable income. Seriously? You have a coding issue you need to fix. The incorrect hyperlink from the non-qualified button needs to be fixed.
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March 3, 2024
2:02 PM