turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

yacht123
New Member

I am disabled in Florida. I took an early withdraw from my IRA. Do I get a penalty if I am permanently disabled

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
JohnW15
Intuit Alumni

I am disabled in Florida. I took an early withdraw from my IRA. Do I get a penalty if I am permanently disabled

"Total and permanent disability" qualifies as one of the exceptions to the early distribution penalty.  

Once you enter the distribution information from your 1099-R form into the TurboTax program, TurboTax will help you apply this exception.

Please see the TurboTax FAQ below for more information.

Are there exceptions to the early distribution penalty on an IRA?
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies