Question

Early Withdrawal penalty on IRA? already disabled and on SSDI can I check the exception for permanently disabled?

Forum|Forum|2 years ago
April 14, 2024
1 reply
0 views

No text available

TurboTax Live Deluxe Online

Yes, you can claim the exception to the IRA early distribution penalty since you are disabled. You should see a list of possible exceptions in the follow-up screens after you have entered your Form 1099-R. Enter the amount of your distribution in the box for the disable exception and your return will not include the 10% early distribution penalty.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"