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New Member
posted Jan 26, 2021 8:16:09 AM

When will Turbo Tax have the update for early withdraw of a retirement plan due to a Covid 19 crisis?

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1 Replies
Expert Alumni
Jan 26, 2021 8:27:53 AM

The Coronavirus-related relief measures for retirement plan distributions have to be reported on Form 8915-E. The Form 8915-E has not yet been finalized by the IRS. No date has been given by the IRS for the finalization of this document.

 

TurboTax will update this section after the IRS releases the final version of form 8915-E and its instructions.

 

Please be aware that the IRS won't start processing returns until February 12, 2021.