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New Member
posted Jan 28, 2021 2:45:37 PM

When will TurboTax have the option to spread 401k withdrawal due to COVID out over the 3 year period? Keeps telling me I need to revisit that section?

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Expert Alumni
Jan 28, 2021 2:54:36 PM

The Coronavirus-related relief measures for retirement plan distributions have to be reported on form 8915-E which 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 revisit this section at a later date.