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New Member
posted Jun 6, 2019 12:59:24 AM

On my 2018 Form 5329, line 2, TurboTax did not limit the medical expenses to that which exceeded 7.5% of my AGI. What do I need to do to correct for this bug?

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1 Best answer
Level 15
Jun 6, 2019 12:59:25 AM

TurboTax does not limit this for you.  You must limit the amount entered yourself.  You can find the correct limited amount on Schedule A line 4.  (Examine Schedule A in forms mode since you might be using the standard deductions.)  Go to Other Tax Situations -> Additional Tax Payments -> Extra tax on early retirement withdrawals and correct the entry.

1 Replies
Level 15
Jun 6, 2019 12:59:25 AM

TurboTax does not limit this for you.  You must limit the amount entered yourself.  You can find the correct limited amount on Schedule A line 4.  (Examine Schedule A in forms mode since you might be using the standard deductions.)  Go to Other Tax Situations -> Additional Tax Payments -> Extra tax on early retirement withdrawals and correct the entry.