Wolfeman84
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DianeW777,Thanks for taking the time to address my question.You're answer makes the most sense on here. The income goes in and the taxes go up, then the repayme...
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JamesG1, Thanks for getting back to me!To clarify I am attempting to indicate the REPAYMENT of a Cares Act distribution ( the second 1/3 repayment). Tax liabili...
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When I enter my 1/3 portion (second installment) for TY2021 I see my Federal and State tax liabilities go down. Should this be the case?I am not seeing any info...
Activity Feed for Wolfeman84
- Cheered Re: CARES Act retirement distribution in turbotax software - penalty-free and paying 1/3rd for DianeW777. March 31, 2022 3:10 PM
- Cheered Re: CARES Act retirement distribution in turbotax software - penalty-free and paying 1/3rd for GeorgeM777. March 31, 2022 3:09 PM
- Posted Re: CARES Act retirement distribution in turbotax software - penalty-free and paying 1/3rd on Get your taxes done using TurboTax. March 30, 2022 3:10 PM
- Posted Re: CARES Act retirement distribution in turbotax software - penalty-free and paying 1/3rd on Get your taxes done using TurboTax. March 28, 2022 8:19 PM
- Posted Re: CARES Act retirement distribution in turbotax software - penalty-free and paying 1/3rd on Get your taxes done using TurboTax. March 28, 2022 4:21 PM