No, there is not an early withdrawal penalty in the state of Arkansas because there is no penalty on the federal return.
For more information, see:
2020 AR 1000F and AR1000NR Instructions, page 12, 3rd column, Line 18B, and page 13, 3rd column, Line 31.
Arkansas Individual Income Tax Lump-Sum Distribution Averaging
What is Form 8915-E Qualified 2020 Disaster Retirement Plan Distributions and Repayments?
Can I make a hardship withdrawal from my 401(k)?
