1099-R questions

Forum|Forum|2 years ago
April 10, 2024
2 replies
18 views

Why when I indicate that the taxpayer took a distribution after 59.5 years of age and go back through the 1099-R entry it changes it to before 59.5 years of age? 2023 edition

TurboTax Home & Biz Windows

JohnB5677

Level 15

It looks like you are on the Desktop Version of TurboTax.

I suggest you go back to PERSONAL INFO.

Go through the interview to his Birth Date

It should be before 6/20/1964

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Keven1204Author

Level 2

Thank you JohnB5677. The birthdate is before the date you indicated. I did check the return again and it is not calculating the 10% penalty even though the incorrect button is on.