SamS1
Expert Alumni

Retirement tax questions

Here is what we know so far.  The IRS has a new Form 8915-E for COVID-19 related retirement account withdrawals.  This form has not been finalized by the IRS for filing with a 2020 federal tax return.  The IRS has not announced when this form will be available.  Once available it will be included in the TurboTax software.

 

We estimate the form may be available sometime in February.

 

Here is information on how your taxes will be effected by the pandemic.