I took money from an IRA in 2018 and I know I pay an early withdrawal penalty. Where can I see that amount in TurboTax?

I would like to be able to see what the penalty amount was before I submit my return. Where can I see this?

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1 Best answer

New Member

Jun 1, 2019 10:17:09 AM

It should be 10% of your withdrawal. Penalty can be seen on Schedule 4, Line 59 which ends up on the 1040, Line 14.

New Member

Jun 1, 2019 10:17:09 AM

It should be 10% of your withdrawal. Penalty can be seen on Schedule 4, Line 59 which ends up on the 1040, Line 14.