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When will TurboTax handle 2020 CARES act Waivers?
The CARES Act waives almost all RMD's for IRAs and more in 2020.
TurboTax apparently knows NOTHING about this:
* It is not in the help
* In my case, there is no mention of such a possibility.
My path:
* Roth Inheritance IRA
* Borrowed a COVID early distribution and rolled it 100% back in
* Once that part is entered, the next page acts like I *must* take RMD, and makes no mention of CARES.
See below.
Not sure if I should "request a waiver" or say it was not required. In either case, it ought to be CARES-aware.
Thoughts?
Topics:
‎April 1, 2021
2:27 PM