Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
bpmccumber
New Member

Where in TT are the tax implications of Section 2202-05 of CARES Act?

I cannot find the ability to calculate the tax and penalty implications (deferring and waving, respectively) of taking an early retirement account withdrawal.

2 Replies
dmertz
Level 15

Where in TT are the tax implications of Section 2202-05 of CARES Act?

TurboTax has not yet implemented Form 8915-E or anything else related to reporting Coronavirus-Related Distributions.  The IRS has not yet released this form.

Critter-3
Level 15

Where in TT are the tax implications of Section 2202-05 of CARES Act?

The other 8915 forms are expected 2/18 at the earliest ... so you need to wait a while ...

 

 

Click on the REVIEW tab to see what it is and when it is estimated to be ready (when operational) ... 

 

IRS Forms Availability Table for TurboTax Individual (Personal) Tax Products

·         

State Forms Availability Table for TurboTax Individual (Personal) Tax Products

Dynamic AdsDynamic Ads
v
Privacy Settings