topic Can someone show an example of how they listed 33% of their 401k withdrawal total due to the bill that was passed pertaining to an early withdrawal? in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/can-someone-show-an-example-of-how-they-listed-33-of-their-401k-withdrawal-total-due-to-the-bill/01/2076188#M140068 Sun, 14 Mar 2021 02:04:07 GMT david-lafleur22 2021-03-14T02:04:07Z Can someone show an example of how they listed 33% of their 401k withdrawal total due to the bill that was passed pertaining to an early withdrawal? https://ttlc.intuit.com/community/retirement/discussion/can-someone-show-an-example-of-how-they-listed-33-of-their-401k-withdrawal-total-due-to-the-bill/01/2076188#M140068 Sun, 14 Mar 2021 02:04:07 GMT https://ttlc.intuit.com/community/retirement/discussion/can-someone-show-an-example-of-how-they-listed-33-of-their-401k-withdrawal-total-due-to-the-bill/01/2076188#M140068 david-lafleur22 2021-03-14T02:04:07Z Re: Can someone show an example of how they listed 33% of their 401k withdrawal total due to the ... https://ttlc.intuit.com/community/retirement/discussion/re-can-someone-show-an-example-of-how-they-listed-33-of-their-401k-withdrawal-total-due-to-the/01/2077948#M140208 <P>The program will calculate it for you. It will divide the total by 33% and make that amount taxable on the 1040.</P> <P>&nbsp;</P> <P><IMG src="https://lithium-response-prod.s3.us-west-2.amazonaws.com/turbotax.response.lithium.com/RESPONSEIMAGE/40b739b6-c519-49ae-b98a-7950d046b065.default.PNG" style="height:184px; width:512px" /></P> Sun, 14 Mar 2021 16:19:14 GMT https://ttlc.intuit.com/community/retirement/discussion/re-can-someone-show-an-example-of-how-they-listed-33-of-their-401k-withdrawal-total-due-to-the/01/2077948#M140208 ColeenD3 2021-03-14T16:19:14Z Re: Can someone show an example of how they listed 33% of their 401k withdrawal total due to the ... https://ttlc.intuit.com/community/retirement/discussion/re-can-someone-show-an-example-of-how-they-listed-33-of-their-401k-withdrawal-total-due-to-the/01/2078157#M140233 <P><a href="https://ttlc.intuit.com/community/user/viewprofilepage/user-id/743919">@ColeenD3</a>, what program are you referring to? I have to input everything manually from the 1040. When I input totals from what was withdrawn and put 33% for this year it always has me “review” it again and questions the 33% amount i input myself.&nbsp;</P> Sun, 14 Mar 2021 16:50:27 GMT https://ttlc.intuit.com/community/retirement/discussion/re-can-someone-show-an-example-of-how-they-listed-33-of-their-401k-withdrawal-total-due-to-the/01/2078157#M140233 david-lafleur22 2021-03-14T16:50:27Z Re: Can someone show an example of how they listed 33% of their 401k withdrawal total due to the ... https://ttlc.intuit.com/community/retirement/discussion/re-can-someone-show-an-example-of-how-they-listed-33-of-their-401k-withdrawal-total-due-to-the/01/2078171#M140236 <P>Enter your 1099-R and indicate that it was a COVID withdrawal. You will be asked questions to see if you qualify. You will then be asked if you want to include the entire amount in 2020. If you do not wish to, do not check the box. The program will then do the calculation.</P> Sun, 14 Mar 2021 16:53:18 GMT https://ttlc.intuit.com/community/retirement/discussion/re-can-someone-show-an-example-of-how-they-listed-33-of-their-401k-withdrawal-total-due-to-the/01/2078171#M140236 ColeenD3 2021-03-14T16:53:18Z