How do I exclude the 10% penalty on early withdrawals from a 401K per the Cares Act? The 2020 Coronavirus check box on the ProSeries Professional 1099-R worksheet doesn't work. A note pops up saying they have not updated their system.
Go to form 5329 and use the "other" exception. However, to do it properly you also need to file form 8915E which won't be ready for a couple of more weeks.
Yes, it's in the update last week.
"Level Up" is a gaming function, not a real life function.