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- Client took early distribution from IRA (code 1) to pay childs college tuition. I entered the exception code to waive the 10% penalty but it will not go away. Any ideas?
Client took early distribution from IRA (code 1) to pay childs college tuition. I entered the exception code to waive the 10% penalty but it will not go away. Any ideas?
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bphillips
Level 1
03-24-2022
11:51 AM
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I entered the amount she paid on the education credits screen. I put the exception code 8 on the 5329. I phoned a friend and she couldn't make it go away. Just know that I am missing something. Thanks!
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