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Roth IRA Early Withdrawal: CARES Act
I withdrew my ROTH IRA funds as I was affected by Covid / Pandemic as per the criteria of the CARES act. How is the early withdrawal reported in Turbotax to prevent it from being taxable per the rules of the CARES act which exempts early ROTH IRA withdrawals.
My specific question is how is the entry done in the Turbotax program so it is not seen as 100% taxable income?
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‎February 13, 2021
6:48 AM