@dbwynns wrote:
I didn't take any withdraws in 2020 from my employer retirement, but I did some in 2021. All I'm trying to do is not have to pay 10% Penalties for early withdrawal. I have been told by TurboTax that is be using the 8915-E along with form 2210. Are they correct?
There are no early withdrawal exceptions for the Coronavirus in tax year 2021. You enter the Form 1099-R you received for the 2021 distribution on your 2021 tax return. The Form 8915-E was only used for tax year 2020.
To enter, edit or delete a form 1099-R -
- Click on Federal Taxes (Personal using Home and Business)
- Click on Wages and Income (Personal Income using Home and Business)
- Click on I'll choose what I work on (if shown)
- Scroll down to Retirement Plans and Social Security
- On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button
Or enter 1099-r in the Search box located in the upper right of the program screen. Click on Jump to 1099-R
