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New Member
posted Jan 25, 2021 5:11:25 PM

I'm being charged early withdrawal penalty on a 401K withdrawal that qualifies under the cares act. What box am I not clicking that would save myself the 10% penalty?

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1 Replies
Level 15
Jan 25, 2021 5:18:38 PM

TurboTax has not yet implemented the reporting of coronavirus-related distributions.  You'll have to wait for an update that includes Form 8915-E, yet to be released by the IRS.