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Calculations for Corona 2020 early withdraw from retirement in year 3
The software seems to have an issue with the 3rd year calculations for the 2020 CARES act Corona early withdraw. It is charging a 10% penalty for early withdraw which was waived and inflating my taxable amount.
The 8915 worksheet and line 5B on the 1040 do not match. Line 5B is adding the amount from the worksheet plus the value on the 1099R.
Is this issue being fixed ? will it be corrected by 4/18 ?
‎April 13, 2023
10:16 PM