I have received my 1099-R from a 401k withdrawal in 2020. I qualify to not have to pay the 10% penalty even though it was taken out when I received it. Where in TurboTax do you enter Covid as a qualifying factor for a 401k early withdrawal?
I am claiming the entire withdrawal in 2020 and not spreading it over 3 years. There is nothing clear in TurboTax that askes if the withdrawal qualifies for the CARES Act. You would think this would be a standard question to ask when this is the only time it has ever been removed since the start of taxes.
