You'll need to sign in or create an account to connect with an expert.
Please be aware, the 10% is only the early withdrawal penalty. The distribution is also included in your taxable income and taxed at your tax rate. The tax due is the amount calculated on your total taxable income.
Please double check your entries.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
galllowaylinda
New Member
ce3cce21a96a
New Member
0bb5b4b4d648
New Member
paigeludwig1414-
New Member
leasha48
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.