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Get your taxes done using TurboTax
Ok what in the actual funk is going on. Entire thing on turbo tax is wrong. As in capitally. You follow all the guidelines and it gets you to the page of whether or not you have been impacted by covid 19. And then you either have to pay $12,000 or they give you a $1,800 refund. If you check the box to pay all tax (33%) on the distribution it jumps to $12,000 owed. If you uncheck it, they give you $1,800 back.
Where is the box to "pay across 3 years". Unchecking that box basically does not charge you any tax of the 33% that you have to pay.
Something is seriously screwed up there.
‎February 25, 2021
6:17 AM