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Get your taxes done using TurboTax
Hi Kathryn, thank you, but my situation is different. The situation is regarding a 401K loan from a former employer-plan. The employer-plan has allowed for former employees to take COVID loans out during 2020 on a 3-year repayment schedule. No taxes and full repayment allowed. I did get a 1099-R and instructions to complete form 8915-E to avoid taxes, but I don't know how to fill out the form to prevent taxation via TurboTax. Again, I do not have to pay taxes at all.
March 16, 2021
11:50 AM