asked

I had a premature IRA distribution and the 10% penalty on my tax return seems incorrect. Line 23 shows $2000, but I only took a $10,000 distribution, so the penalty should be $1000. The 1099-Rs are correct. I retired early and used the funds for living expenses. I had 401k rollovers from different places, with two 1099-Rs, one premature and one normal. It looks like the premature distribution is being doubled. I already filed my return before noticing this issue.

April 7th, 2024

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