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Table didn't post correctly. 1st set of columns, Div Dist Non-Qual, 1b Qual, 1a Ord & Foreign tax paid, is for the TAXED income.  2nd set of columns, Div Dist Non-Qual, 1b Qual, 1a Ord & Foreign Tax Paid, is for the UNTAXED income. 

the only penalty Turbotax computes regarding tax payments is the underpayment if estimated taxes on form 2210. all your payments can be timely but must also be sufficient to avoid this penalty.   in your situation timely payments must meet either of these safe harbors to avoid this penalty 1) 90% of current year tax 0r 2) 100% of last year's tax. 110% if your 2023 AGI was $150K or more    

are you asking about your 1040 k-1 - in that case it would only appear in schedule L if at all (it's not shown in some cases). the other place, again in certain cases, is form 6198- at-risk  see 6198 instructions https://www.irs.gov/pub/irs-pdf/i6198.pdf   for the 1065 preparation it would go in the section that asks about capital contributions 

that might be the document control number which is automatically generated and should have only 14 characters. if i'm correct, this would be a TurboTax's bug uncorrectable by you. In any case, contact support 5am-5pm Pacific Time (8-8 Eastern) Monday - Friday https://support.turbotax.intuit.com/contact 800-446-8848    

@Emy95 wrote: What do you mean by fabricate a 2025 1099R? I told TT I received a 1099R in 2024 (even though I’ll receive it next year) so I could input the information. After I entered the necessary info, clicked “2025”, “none of these apply to me” (when asked if need to file a substitute 1099R) I still have a 10% penalty on the earnings. Now, TT is saying I could reduce my early withdrawal penalty if I did the following:   It's not clear what you actually did.  It is critical that you use codes P and J in box 7 of the 1099-R that you enter.  That will tell turbotax this is a corrective distribution, and the earnings portion is taxable but not subject to the 10% penalty.     If you still get that same screen (you should not) enter the box 2A taxable earnings portion in the box labeled "Corrective distributions" (4th from the bottom).  The program should be smart enough not to ask when you use code P and J, but if it does ask, putting the box 2A amount on that screen should remove the penalty.      Remember, enter a 1099-R as if you got one (not a substitute).  Report the entire withdrawal in box 1 and the taxable earnings portion in box 2A, and codes P and J in box 7.  No other boxes or codes should be entered or checked.   In January 2026, you will receive an actual 1099-R with the exact same information.  File it with your important papers but do not enter it on your 2025 tax return.  

What do you mean by fabricate a 2025 1099R? I told TT I received a 1099R in 2024 (even though I’ll receive it next year) so I could input the information. After I entered the necessary info, clicked “2025”, “none of these apply to me” (when asked if need to file a substitute 1099R) I still have a 10% penalty on the earnings. Now, TT is saying I could reduce my early withdrawal penalty if I did the following:   Am I doing this correctly? I appreciate your help.