I don't know why the Form 5329 keeps showing up with a penalty when the distribution is eligible for penalty relief due to the Cares Act. I have 2 returns already that this has happened. Does anyone have any idea of why? And the best way to eliminate it?
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This is a professional preparer forum for using Lacerte. You are in the wrong place for TurboTax. These are different programs entirely.
You seem to be lost on the internet.
You’ve come to a Peer User community for Intuit Tax Preparation products supporting tax preparation professionals using ProSeries, Proconnect and Lacerte , and you may be looking for support as an individual taxpayer. Please visit the TurboTax Help site for support.