Question

I took a cares act withdrawal from my 401k, I am unable to enter that hardship reason in my return to avoid the 10% penalty, how do I enter that for my return?

Forum|Forum|5 years ago
February 5, 2021
1 reply
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I want to have all of the taxes taken out this year instead of over a 3 year period as well, but there doesn't seem to be an option for that, is it just not available yet?

TurboTax Deluxe Online

M

MinhT1

At this point in time the Form 8915-E (Qualified 2020 Disaster Retirement Plan Distributions and Repayments (Use for Coronavirus-Related Distributions)) is not finalized. We currently do not have an estimated date when the form is ready.

Please sign-up here and we will email you once the form is live.

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