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Question

Erroneous Penaly for Early Withdrawal

Forum|Forum|1 year ago
March 1, 2025
1 reply
0 views

I am 72 years old. During 2024 I took distributions from several retirement funds. TurboTax is charging me a 10% penalty for early withdrawal. This penalty is bogus because these are NOT early withdrawals. How do I fix this in TurboTax?

Double-check that your date of birth was entered accurately in the Personal Info section of your return.

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7578761155Author

Hi AnnetteB6,

Yes, I have triple-checked that my birthday (09/09/1952) has been entered correctly. I have looked everywhere I can to check birthday date but I can't find any error. Are there any other suggestions you, or anyone else, can give me to get this fixed?

please post the specific form, line number and the amount in question. it is possible what you are seeing is other than what you are describing.