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June 1, 2019
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I took money from an IRA in 2018 and I know I pay an early withdrawal penalty. Where can I see that amount in TurboTax?

  • June 1, 2019
  • 1 reply
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I would like to be able to see what the penalty amount was before I submit my return.  Where can I see this?

Best answer by Ashby

It should be 10% of your withdrawal. Penalty can be seen on Schedule 4, Line 59 which ends up on the 1040, Line 14.

1 reply

AshbyAnswer
June 1, 2019

It should be 10% of your withdrawal. Penalty can be seen on Schedule 4, Line 59 which ends up on the 1040, Line 14.