In TurboTax Online Self-Employed I was able to enter a COVID pension distribution on IRS Form 8915-E and allocate the taxable income over three years. No 10% penalty was assessed.
What version of TurboTax are you using? When you refer to 'check this entry for form 1', are you referring to:
- IRS Form 1040 line 23 and
- IRS Form 1040 Schedule 2 Part II line 6?
Please clarify.
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