https://ttlc.intuit.com/community/retirement/discussion/has-turbotax-updated-the-system-per-the-new-stimulus-plan-no-irs-penalty-for-early-401k-withdrawal/01/1378410#M98601 Sun, 29 Mar 2020 21:19:39 GMT ruukasu0808 2020-03-29T21:19:39Z https://ttlc.intuit.com/community/retirement/discussion/has-turbotax-updated-the-system-per-the-new-stimulus-plan-no-irs-penalty-for-early-401k-withdrawal/01/1378410#M98601 Sun, 29 Mar 2020 21:19:39 GMT https://ttlc.intuit.com/community/retirement/discussion/has-turbotax-updated-the-system-per-the-new-stimulus-plan-no-irs-penalty-for-early-401k-withdrawal/01/1378410#M98601 ruukasu0808 2020-03-29T21:19:39Z https://ttlc.intuit.com/community/retirement/discussion/re-has-turbotax-updated-the-system-per-the-new-stimulus-plan-no-irs-penalty-for-early-401k/01/1378436#M98605 <P><SPAN>This exception applies only to coronavirus-related withdrawals. You qualify if you tested positive, a spouse or dependent did or you experienced a variety of other negative economic consequences related to the pandemic in 2020.</SPAN></P> Sun, 29 Mar 2020 21:24:15 GMT https://ttlc.intuit.com/community/retirement/discussion/re-has-turbotax-updated-the-system-per-the-new-stimulus-plan-no-irs-penalty-for-early-401k/01/1378436#M98605 DoninGA 2020-03-29T21:24:15Z https://ttlc.intuit.com/community/retirement/discussion/re-has-turbotax-updated-the-system-per-the-new-stimulus-plan-no-irs-penalty-for-early-401k/01/1379355#M98639 <P>And only for distributions occurring on or after January 1, 2020 and before December 31, 2020.</P><P>&nbsp;</P><P>(Odd that a distribution occurring on December 31, 2020 doesn't qualify as a coronavirus-related distribution.&nbsp; Seems like a drafting error in the CARES Act.)</P> Mon, 30 Mar 2020 00:13:47 GMT https://ttlc.intuit.com/community/retirement/discussion/re-has-turbotax-updated-the-system-per-the-new-stimulus-plan-no-irs-penalty-for-early-401k/01/1379355#M98639 dmertz 2020-03-30T00:13:47Z