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Retirement tax questions
Thank you, I will wait until Feb 25, 2021 to ensure 8915-E is included in Turbo Tax prep.
I took an early pension 401k withdrawal subject to 20% federal & 10% penalty due to covid. Does that mean, the information already loaded into Turbo Tax, is requiring that I pay that 10% penalty?
Once this update is made with the 8915-E, my refund/amount due will change since I will no longer be required to pay this 10%? Please help as I am unsure what is going on with this. Thanks!
ā€ˇFebruary 13, 2021
6:47 PM