Question

I took a withdrawal from my 401k because of covid losses. Turbo tax is saying I owe a 10%penalty but isn’t showing it anywhere? Is ttax just not updated properly or am I missing something

Forum|Forum|5 years ago
January 26, 2021
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TurboTax Premier Online

The Coronavirus-related relief measures for retirement plan distributions have to be reported on form 8915-E which has not yet been finalized by the IRS. No date has been given by the IRS for the finalization of this document.

TurboTax will update this section after the IRS releases the final version of form 8915-E and its instructions. Please revisit this section at a later date.

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