No, however, if you are affected by Covid-19, you can withdraw up to $100,000 from your 401(k) account without incurring the early withdrawal penalty and you can spread the taxation of the withdrawal over 3 years.
However, the Coronavirus-related relief measures for retirement plan distributions have to be reported on form 8915-E which has not yet been finalized by the IRS. No date has been given by the IRS for the finalization of this document.
TurboTax will update this section after the IRS releases the final version of form 8915-E and its instructions. Please revisit this section at a later date.
