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.

Bob Hesse
New Member

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?

 
Connect with an expert
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 Best answer

Accepted Solutions
dmertz
Level 15

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?

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.

View solution in original post

1 Reply
dmertz
Level 15

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?

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.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies