I received a 1099 R with a total withdrawl amount of $60,000 and Taxes withheld was $12,000 and it was due to the Covid 19 reasons per IRS . How do I split the income amount to $20,000 each year and report the amount over the next 3 years in Turbo tax in the 1099 R section.
Do I fill out a 1099 R with one third withdrawl amounts and one third Taxes withheld? Turbo tax says to revisit the section for a different release when you check the Covid 19 early withdrawl option.
