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When will Turbo Tax have the updated information from the IRS regarding NO 10% PENALTY for early 401K withdraws due to disaster COVID-19?
I took a 401K distribution of $100,000 in April 2020. Turbo Tax still in saying I owe the IRS the 10% Early Withdraw penalty of $10,000. When will this get fixed in Turbo Tax?
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‎January 15, 2021
10:51 AM