COD Withdrawal penalty

Forum|Forum|5 years ago
May 5, 2021
2 replies
16 views

I'm working on a tax return for income tax class, and I have no idea where to input the interest penalty for early withdrawal of a Certificate of Deposit on the website. when I sent the form to my instructor, he said that it goes on line 10a. I know what the penalty is, I just don't know where to enter it.

Windows 10

This topic has been closed for replies.

Just-Lisa-Now-

Intuit Community Champion

Assuming youre using ProSeries (since thats where you posted the question), its right on the same line where you enter the interest

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

P

ParadoliaAuthor

Level 3

It's the intuit series proconnect. I'm not sure if that helps, so here's a screenshot...

George4Tacks

Level 15

Talk with your instructor. This site is for paid professionals. Your Education portal is at https://www.intuit.com/partners/education-program/products/proconnect-tax-online/student-signup/

ProSeries is a completely different software.

Answers are easy. Questions are hard!

G

george7814

Level 2

Enter on 11. Interest. fORM 1099-INT. "other" .

George4Tacks

Level 15

For many things you need to click the DETAILS to openup for more information. Sometimes there are very light colored tabs (like General Information) that you need to click to do "fancier" entries.

Click details then scroll down to find the Early Withdrawal penalty

Answers are easy. Questions are hard!

Sign up

Login with SSO

Let's get you signed in

Login with SSO