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#525

#525

The following diagnostic is generating:

 

 

Solution:

..Pensions, IRA # {PrefixNum} : This distribution may need to be included on the taxpayer's Form 5329 and subjected to early retirement distribution tax if it was made prior to reaching age 59 1/2, unless an exception is met....................... Informational, will not prevent Efile
Comments

It's giving you the option of including an exemption number on form 5329, if an exemption exists. If not, it's just an alert for the 10% early withdrawal penalty that will be charged on the tax return.