philipwl
Returning Member

Get your taxes done using TurboTax

TurboTax does not calculate 1040 Line 4b correctly if there are two IRA COVID distributions to report.  Until TurboTax creates a software fix or other workaround for this error, and to maintain an accurate "Federal Tax Due" result, a temporary bandaid is to include the second IRA distribution as "Other Common Income" in the 1099-MISC income section.  Not sure how IRS will like that one if a TurboTax correction is not available before April 15!