DavidD66
Expert Alumni

Retirement tax questions

Yes, there is a fix in the works.  To claim an exemption from the 10% penalty for COVID-19 related early withdrawal from a retirement plan, you will have to file Form 8915-E.  This form has not been finalized by the IRS.  Click on the following link to sign up to be notified when the Form is ready:

 

Why am I getting getting a 10% penalty on my 1099-R when I withdrew fund during Covid? (Form 8915-E)

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