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Get your taxes done using TurboTax
I'm trying to complete the section for 1099-R's and it was withdrawn for a Qualified Disaster, but one that happened in 2021...the Texas Winter Storm in February. I've found specific information from accountants online that state this disaster qualifies for the 10% penalty waiver but on TurboTax there is only a choice of a 2019 or a 2020 Qualified Disaster. I chose the 2020 button and then filled in the correct dates on the form. Does anyone have any other information about this specific situation?
https://atchleycpas.com/blog/f/ira-10%25-penalty-waiver-extended-expanded
‎April 4, 2022
9:37 PM