sanket2016
Returning Member

Retirement tax questions

Hi,

 

I am using Turbotax online. This question is as of 5 March 2021.

I have a CARES Act distribution from my workplace Roth 401K. After I enter my 1099-R, I am not getting any covid/cares act related questions and the software is charging me the 10% penalty.

 

TT takes me to an exception screen "Do any of these situations apply" - but there is no COVID/Cares act option there.

 

please help!