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I don't see TurboTax adjusting for Covid 401(k) withdrawals
I took money out of my 401(k) in 2020, which were authorized (penalty-free) withdrawals due to Covid-19. The law also allows for the taxes on those withdrawals to be spread out over 3 years. However, I do not see any option anywhere in TurboTax to adjust for that situation. Is it in there somewhere and I am missing it?
I am using TurboTax Home and Business 2020.
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‎January 21, 2021
4:00 PM