@sanket2016 wrote:
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!
What is the code in box 7? Did you mistakenly check the IRA box? Is there a taxable amount entered in box 2a?
