George4Tacks
Level 15
10-12-2020
09:19 AM
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@mb70 wrote:TAXPAYER RECEIVED $78,000 FOR A HARDSHIP DISTRIBUTION.
AN EARLY DISTRIBUTION.
THEY TOOK OUT $7,800 FOR FEDERAL WITHHOLDING TAXES
WHEN PREPARING THE RETURN
PRO SERIESI DID NOT POST THE10% PENALTY.
WHY? - Because you did not understand all of the input for the return.
Stay tuned and someone will give you really good hints.
Answers are easy. Questions are hard!