Retirement tax questions

Enter the Form 1099-R that you received.  Then answer the follow-up questions and indicate the distribution was due to Covid-19.  If you are eligible the program will remove the 10% early distribution penalty and offer you the option to either have the distribution entered in its entirety on the 2020 federal tax return or to have the distribution split into 1/3 over three years.

 

Enter 1099-r in the Search box located in the upper right of the program screen. Click on Jump to 1099-R