@shk_shk08 wrote:
There is no COVID related option to check when we go over employer related distribution and Turbotax keep saying you have to pay extra 10% penalty. How do I get 8915-E form and attach with 1099 R.
My spouse took early distribution on 401 K and withheld federal tax (10%) before the distributions came to us. I do not know why Turbotax has noCOVID related option for employer distribution but for employee related distribution it was there.
Please help.
What is the code in box 7 of the Form 1099-R? Is there a taxable amount entered in box 2a of the Form 1099-R? Are any boxes checked in 2b?
Is the box IRA/SEP/SIMPE box checked? Was any amount of the distribution rolled over to another retirement account or to a Roth IRA or Roth 401(k)?
