Did you plug the code in box 7 into TT correctly? That would be how TT will account for the penalty or no penalty; what was the code anyway? and yes if the 1099...
I'm also finding it incredibly invigorating that W-2 high earners have literally zero way to mitigate taxes by diverting pre-tax income; it's as if the code is ...
@Opus 17Your reputation precedes you sir; thank you for the compliment but I don't know what I don't know so if there's an official resource on how to do what I...
@dmertz Phew thank you for clearing that up about the 1099-R box; however in my case the plan had labelled "Distribution Code 1: 8" which is the "no known excep...