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If you were age 59 1/2 or older when the funds were distributed then the code in box 7 is incorrect. You will need to get a corrected Form 1099-R from the payer.
You can also claim on line 2 of Form 5329 a code 12 exception to the penalty, but I suspect that this can't be done in the free version of TurboTax without upgrading to a paid version.
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