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January 22, 2021
Question

I keep getting an error regarding the disaster distribution

  • January 22, 2021
  • 1 reply
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I withdrew $6000 from my 401k, but was told you take out an additional $667 to cover the taxes so i didint have to pay them come tax time. I keep getting an error saying the “irs instructions rel

1 reply

January 22, 2021

As of today, the IRS has not yet finalized the Form 8915-E for retirement plan distributions under the CARES act, this form cannot be incorporated in the TurboTax program. At this point, the IRS has not corresponded with us when the form will be finalized and available.  We estimate it will be sometime in February 2021 before the form is available.