- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
If I took out a 401k withdrawal for a qualified disaster (had Covid in June), under the Cares Act, how do I update TurboTax so Im not charged an early withdrawal penalty?
Currently I am being charged a penalty for the 401k withdrawal. But since this was due to Covid, there should be no penalty. Apparently at the time of the current release of TurboTax, Covid was not included in the software. So, I'm being charged a penalty, when I shouldn't be.
Topics:
‎January 29, 2021
5:19 AM