@Rodas1987 wrote:
I took out a 401k covid 19 withdrawal . My question is where and when do I get the option to spread out my owed taxes over the course of 3 years. I have my taxes all done on turbo tax online app. I’m just holding off on finalizing them before I am sure I can pay it over 3 years? Does this option show up once I submit my taxes? Any feed back or direction would be greatly appreciate. I really don’t want to have to do my taxes elsewhere. Thank you.
You have to enter the Form 1099-R. After entry of the form you will be asked a series of questions. If the distribution was due to Covid-19 you can then have this distribution spread out over three years.
