Hi, I was laid off from my job last year due to no more work available and so I decided to withdraw my retirement fund early to survive in the mean time during Covid season. I am in the process of filing taxes right now (I use Turbo Tax) and last night after filing the 1099-R, it said I owed around $2100 in early withdrawal penalty. However, at the overall finishing of the filing, I still get a refund for $2075 which seems high to me so I am wondering - is this total already included the $2100 early withdrawal penalty that I owe, or do I have to pay for that early withdrawal penalty later? Also, can this penalty fee be waived because it's related to surviving during the Covid?
