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Retirement tax questions
I received two 1099-R forms from my 401(k) company for the Covid withdrawal totaling $95,000. One 1099-R was for the regular 401(k) portion of the withdrawal (about $92,000) and the other 1099-R was for the Roth portion of the withdrawal (about $3000). For some reason, I am able to claim the regular portion as a Covid withdrawal but I cannot claim the Roth portion. It is saying there is the 10% early withdrawal penalty for the Roth portion. Turbotax is not asking me the same questions for each 1099-R when I "edit" them.
‎February 25, 2021
5:23 AM