@ ymtja1983 wrote:
I'm having the same issues as the penalty is associated with retirement withdrawal and the COVID exception. It reads: Penalties on IRA, We're still working on updates related to penalties on IRAs, retirements, MSA distributions (Form 1099-R) that qualify for disaster or covid relief. You can keep working on your return and we'll remove this message when it's ready.
Do you know when this will be ready?
So your issue is also in regard to a Wisconsin state form?
Sorry, I don't know if it's ready or not in regards to any Covid exception waiver on penalties on retirement issues related to disaster or Covid relief, but I will tell you how you may be able to find out below.
But first, are you using the desktop product (CD/download)? If so, be sure your product is up to date. Have you updated your product with the latest program updates?
I'll see if one of the forum helpers familiar with retirement situations might be able to comment on this penalty waiver in regards to disaster or Covid relief, if not specifically in regards to Wisconsin, then perhaps in general.
@ dmertz When you are next in the forum, are you familiar with this issue of retirement plan withdrawal and penalty waiver due to Covid and have any word for the user? Thanks!
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