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June 1, 2019
Question

The statement says "we noticed you took out money from a retirement plan early". I took NOTHING from a retirement plan but I can't find where to fix this.

  • June 1, 2019
  • 1 reply
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1 reply

Employee
June 1, 2019

TurboTax would have noticed this depending what was on your 1099R in box 7. There are some entries such as 1 and 2 that indicate early withdrawal. First, go back and edit the 1099R to make sure box 7 is correct. Click continue and that is where those questions about early withdrawal are.

If you do not have a 1099R, go to this section and make sure one is not entered:

  • Income & Wages
  • Investments & retirement
  • 1099R...update

Delete if there are any that should not be there or edit to check as mentioned above.

If you have other questions about this, ask in the comment section below.