I took an early IRA distribution under the CARES act due to COVID-19.
I would like to spread the tax over 3 years as allowed under CARES.
How do I enter this in Turbotax Premier? Is this functionality supported yet?
So far, I do not see any questions that allow to classify early distribution under CARES to avoid early withdrawal penalty -
nor a question whether to split tax over 3 years.
I know it's still early - I'm self-employed and trying to get an estimate for 2020 and decide whether to made final estimated tax payment in January.
Any help is appreciated.
Thanks!
