Question
I have a client who took an early withdrawal of 20000.00 from a Roth IRA (code J). When I input the info into ProConnect it wants to put it into the return as taxable income and a 10% penalty. How do I keep it from being taxed as income?
I have a client who took an early withdrawal of 20000.00 from a Roth IRA (code J). When I input the info into ProConnect it wants to put it into the return as taxable income and a 10% penalty. How do I keep it from being taxed as income?
