topic Re: Substantially Equal Periodic Payment in Retirement tax questions

Substantially Equal Periodic Payment

david-a-wooddell — Tue, 10 Feb 2026 09:48:55 GMT

How do I enter the IRA early withdrawal exemption for Substantially Equal Periodic Payment (SEPP) for my 1099-R? It is not in the list of exemptions provided.

Re: Substantially Equal Periodic Payment

Critter-3 — Sat, 20 Jan 2024 15:04:19 GMT

It's there ... if you have a code 1 in box 7 on the 1099-R form then edit that section and follow all the screens in that section to find what you seek.

Re: Substantially Equal Periodic Payment

MinhT1 — Sun, 21 Jan 2024 16:22:16 GMT

After you have entered your 1099-R, continue with the TurboTax interview, and should arrive at a page asking Any Periodic payments. Answer Yes and continue with the interview and you should be exempted from the early withdrawal penalty. See attached screenshot.