Question

Wisconsin Coronavirus 401k Withdrawal Penalty

Forum|Forum|5 years ago
February 26, 2021
4 replies
0 views

Does anyone know when the TurboTax software will be updated to correct the 1099-r entry and withdrawal penalty related to coronavirus withdrawals on Wisconsin form 1? It seems like the federal calculated penalty on line b should just be excluded from the form on line c and zero entered into line 22 since Wisconsin approved waiving the 10% early withdrawal penalty by adopting section 2202 of the CARES act in Wisconsin Act 185. However, the system isn't allowing the form to be filed and indicates TurboTax is updating around this entry.

TurboTax Deluxe Online

B

britmarie93

I am wondering the same thing, so I am replying so I get notified if someone answers this.

so frustrating! spent so much time waiting for the 8915-E form for federal and now WI state won't work.

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Cellocorman

Same here, replying to see if there is a response.

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ble11

I tried again today and still receiving error that doesn't allow filing. Turbotax team...do you have an update yet?

Has anyone found the trick to get past this error? Can't even freeform a $0 penalty in order to file. Frustrating.

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taxgirl2244

This is ridiculous. No one from Turbotax responds. Deadline for taxes is April 15 and can't file because software is not updated. I paid for this program and it doesn't work.