topic Where do you input a penalty on early withdrawal of savings ? All of the 1099-int documents uploaded reflect zero on line 2. in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/where-do-you-input-a-penalty-on-early-withdrawal-of-savings-all-of-the-1099-int-documents-uploaded/01/3533353#M238632 Total deductions including $32,300 married filing jointly and an additional $1148 for a penalty on early withdrawal of savings Tue, 03 Feb 2026 17:02:31 GMT robertkeeran 2026-02-03T17:02:31Z Where do you input a penalty on early withdrawal of savings ? All of the 1099-int documents uploaded reflect zero on line 2. https://ttlc.intuit.com/community/retirement/discussion/where-do-you-input-a-penalty-on-early-withdrawal-of-savings-all-of-the-1099-int-documents-uploaded/01/3533353#M238632 Total deductions including $32,300 married filing jointly and an additional $1148 for a penalty on early withdrawal of savings Tue, 03 Feb 2026 17:02:31 GMT https://ttlc.intuit.com/community/retirement/discussion/where-do-you-input-a-penalty-on-early-withdrawal-of-savings-all-of-the-1099-int-documents-uploaded/01/3533353#M238632 robertkeeran 2026-02-03T17:02:31Z Re: Where do you input a penalty on early withdrawal of savings ? All of the 1099-int documents uploaded reflect zero on line 2. https://ttlc.intuit.com/community/retirement/discussion/re-where-do-you-input-a-penalty-on-early-withdrawal-of-savings-all-of-the-1099-int-documents/01/3533486#M238634 <P>it should&nbsp; be in box 2 of your 1099-int form as reported by your bank. enter it there and override the zero.&nbsp; is it on the form you received from the Bank?&nbsp; &nbsp;if not, why not?</P> Mon, 03 Mar 2025 01:40:36 GMT https://ttlc.intuit.com/community/retirement/discussion/re-where-do-you-input-a-penalty-on-early-withdrawal-of-savings-all-of-the-1099-int-documents/01/3533486#M238634 NCperson 2025-03-03T01:40:36Z Re: Where do you input a penalty on early withdrawal of savings ? All of the 1099-int documents uploaded reflect zero on line 2. https://ttlc.intuit.com/community/retirement/discussion/re-where-do-you-input-a-penalty-on-early-withdrawal-of-savings-all-of-the-1099-int-documents/01/3533593#M238645 <P>You posted in the Retirement section of the forums.&nbsp; If your penalty is on an early distribution from a retirement account reported on Form 1099-R, that's not deductible.</P> Mon, 03 Mar 2025 02:33:49 GMT https://ttlc.intuit.com/community/retirement/discussion/re-where-do-you-input-a-penalty-on-early-withdrawal-of-savings-all-of-the-1099-int-documents/01/3533593#M238645 dmertz 2025-03-03T02:33:49Z