I took a coronavirus distribution...

[MinhT1]

@Nth

You will report the second (and third) portion of your coronavirus distribution in the Retirement section of TurboTax. However, this section is not ready as the IRS has not yet issued instructions and you'll need to revisit this section later.

At the present time, we have no indication when IRS instructions will be ready.

[bmfalcao]

Hi, but where do I put it on my 2021 filing with Turbotax my 2nd installment of 33,333? Thank you.

[DoninGA]

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@bmfalcao wrote:

Hi, but where do I put it on my 2021 filing with Turbotax my 2nd installment of 33,333? Thank you.

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The answer to your question was already posted on this thread directly above your message.

[marinesandpiper]

Why is "I took out this money because of a qualified disaster (includes COVID-19)" not listed as an option?

[LeonardS]

This option is not available for tax year 2021.  It can only have been claimed on your 2020 tax return.

[marinesandpiper]

So they can force us into unemployment via lockdowns. Then, we do our best to scrape by for two years only to come to the end of our ropes in early 2021 and have to take an early distribution from our RIRA - just to survive. Only to find out that even though the lockdowns and pandemic are still going on, we don't qualify for any sort of tax relief for the situation that the government put us in.

Yeah, just another reason to Abolish the IRS!

#TaxationIsTheft

Why pay taxes when they can just print as much money as they want out of thin air? But if we did that, it would be called "Counterfeiting" and we'd be imprisoned!

End of rant