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Get your taxes done using TurboTax
If you're referring to form 8915-E, we have to wait for the IRS to finalize and approve the software update. The 8915-E Form is projected to be e-fileable sometime on 02/25/2021.
- Please sign-up here and we will email you once the form is live.
Those who qualify as individuals directly impacted by the pandemic will be able to withdraw up to $100k from their retirement accounts without facing the 10% early withdrawal penalty.
You qualify if:
- You, your spouse, or your dependent are diagnosed with COVID-19
- You experience adverse financial consequences as a result of being quarantined, furloughed, or laid off
- You had work hours reduced to COVID-19
- You’re unable to work due to child care closure or hour reduction
As things change, TurboTax is continually updated and able to handle every situation that arises to ensure your taxes are done right, so you’ll receive your maximum refund.
Source: Can I waive the penalty for early retirement withdrawal if I'm impacted by
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February 24, 2021
8:44 AM