DawnC
Expert Alumni

Retirement tax questions

If you want to spread the tax, do not put a checkmark in the box that says ''I want to pay all of the tax in 2020''.  When you click Continue, you should be done.   TurboTax should only include 1/3 of the total distribution on Form 1040, but you won't see Form 8915-E when you are entering the 1099-R.    If TurboTax isn't treating your covid-related distribution correctly, use the link in the article below to sign up for notifications.   

 

Why do I still get 10% penalty on the withdraw of my retirement even though I answer the questions c...     @novodka44

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