Where do I find the area to report that I was eligible for covid-19 relief when I got an early withdrawal from my IRA. I entered the 1099-R, but can't find anything else

TurboTax has answers relating to 401k plans, but my withdrawal was from an IRA. Do the same answers apply?

posted

Part of the follow-up questions directly after you have entered your Form 1099-R will ask if the distribution was due to Covid-19 or a Qualified Disaster Distribution. Answering 'yes' to this question will allow you to exclude the 10% early distribution penalty and to choose whether to spread the taxes on the distribution over three years.

The same questions will apply either to IRA distributions or 401k distributions due to Covid-19.

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