How do I submit an exemption for the Secure Act First Time Parent Early Retirement Withdrawal Penalty in TurboTax?
Here is some information on the exemption which was passed by Congress in Dec 2019 and goes into effect in Jan 2020.
https://www.jdsupra.com/legalnews/secure-act-allows-parents-to-withdraw-5-3847744/#:~:text=Overview%....
On the 1009-R from my IRA administrator, Distribution Code in Box 7 is equal to 1 (meaning no exemption applied). When I contacted IRA administrator, they said my tax professional would be the one to qualify my exemption, but I do not see such an exemption listed on the TurboTax form as I filled it out.
