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Please check line 15 of your 1040. This is other taxes. If it's zero there was no penalty. If there is a number there it is detailed on Schedule 2.
In the Desktop/CD version you can see this in the FORMS mode.
To view it Online go to
What is the age listed in the personal income section? It may show under age 59 1/2.
Why are you going back? If you edit or review a 1099R it does not keep your answers from before but resets them to the defaults. Then you have to go through and answer them all again. They are right unless you go back.
Thanks very much for the rapid response, it is very much appreciated. I questioned the reset because the subsequent questions did not reset to the defaults. I'm not sure why it even asks the question as the code covers this if it is correct. Anyhow, I really appreciate the feedback and I'm going with it.
It's odd that the payer would have used code 7 if the distribution was made before you reached age 59½. Perhaps the payer does not have your correct date of birth.
Thanks for the feedback. The payer knows my correct birthday. It is Turbotax that asks if I received the distribution before 59 1/2. When I check "no" I did not take it before 59 1/2, it defaults back to "yes". Subsequent questions do not default back to an answer other than one I have chosen. And yes, Turbotax has my correct birthday as well.
Thanks for the feedback. I checked and the age is correct.
Sorry, I had the yes/no question backwards. Ignore my concern.
No problem. I really appreciate anyone who takes the time to respond.
Are you being assessed the penalty tax?
Please check Schedule 2 line 6.
Thanks for the response. I've checked and birthdate is correct under personal info in the program. I'm not sure why it's even asking the question. The code is correct and I'm over 60. If the birthdate indicated otherwise then an applicable increase in the tax should be evident for an early withdrawal one would think.
Please check line 15 of your 1040. This is other taxes. If it's zero there was no penalty. If there is a number there it is detailed on Schedule 2.
In the Desktop/CD version you can see this in the FORMS mode.
To view it Online go to
Thanks very much for the feedback. This definitely has me headed in the right direction.
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