On my 1099-R I took a 32K gross distro for coronavirus distro exception in 2020. Vanguard mixed the sources from the 401k traditional and 401k roth onto one 1099R
7421.62 is taxable from a traditional 401k (box 2a)
24,578.38 is from Roth 401k; so Box 7 is 1B
Turbo tax is not allowing me to indicate this is coronavirus distro so that i can waive the 10% penalty on the 7421 because it sees 1B in box 7. So it thinks the whole thing is Roth I guess? The turbo tax rep wasn't sure either. She thinks it should be split out into two. So it doesn't let me select that this is for Coronavirus exception.
It DOES however, take me to the screen where I can choose OTHER REASON for not paying additional tax, and I can enter the amount there (below is what it says). But this doesnt indicate its for Coronavirus.
My question is, could I split out the 1099R into two 1099Rs (even though I have just one) and separate out the 24,578.38 on its own, and the 7421 on its own, so that Turbo Tax can pick up on the 7421 being its own traditional 401K taxable and ask about the Coronavirus Exception??
Other reasons for no additional tax on your early retirement withdrawal
If you took the money out,
When you were older than 59 1/2 ,
From a section 457 plan that you didn't roll over from another qualified retirement plan, or
From ESOP employer stock dividends,
Then, enter the dollar amount next to Another Reason. You may not need to pay additional tax on your early retirement withdrawal.
