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Turbo tax is charging me me the 10% penalty for early withdraw on my ira even though I qualify as I ma 64 years old ?

 
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2 Replies
dmertz
Level 15

Turbo tax is charging me me the 10% penalty for early withdraw on my ira even though I qualify as I ma 64 years old ?

What is the code in box 1 of the Form 1099-R provided by the payer?

Turbo tax is charging me me the 10% penalty for early withdraw on my ira even though I qualify as I ma 64 years old ?

Go back to My Info and check your birthdate.  Are you married?  Is your spouse under age?  Make sure the 1099R is listed under your name.  Maybe delete the 1099R and re enter it.  That usually clears something out.  

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