MRivero
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@RobertB4444 Hi. Hoping you can assist me with this. I inherited a house in 2022 and sold it in 2023, nine months later. I paid property taxes on the house in 2...
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@DanaB27Thank you so much! I followed the steps you suggested, and the 10% penalty disappeared. I'm so glad this was finally resolved. I just wish that the Turb...
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Hi. If I enter Code J with Code P for the distribution of excess earnings before April 15, TurboTax calculates an additional tax of 10% on the excess earnings. ...
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I think you're right and a penalty will be calculated if you're under 59 1/2.
Activity Feed for MRivero
- Cheered Re: If that is the case, and you have an "incorrect" Form 109... for Critter-3. March 19, 2025 1:18 PM
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- Cheered Re: Roth IRA Excess Contribution for DanaB27. March 27, 2024 4:59 PM
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- Posted Re: Inherited/gifted home on Get your taxes done using TurboTax. March 26, 2024 6:16 PM
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- Posted Re: Roth IRA Excess Contribution on Retirement tax questions. March 22, 2024 2:09 PM
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