Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Retirement distribution and the 10% penalty

enlowmns
Level 1

I am having difficulty getting the program to take off the 10% penalty for the cares act distribution.  I have clicked on the covid 19 disaster, but the 10% penalty still shows up how do I override this or get the program to take it off?

 

Labels (1)
0 Cheers
2 Replies 2
qbteachmt
Level 15

Here is your Help article:

https://proconnect.intuit.com/community/individual/help/proseries-form-1099-r-faq-s/00/4853

And read the Form 8915-E instructions, to be sure everything qualifies.

*******************************
"Level Up" is a gaming function, not a real life function.
Just-Lisa-Now-
Level 15
Level 15
2 boxes on the 1099R worksheet for the covid disaster, both need to be checked for it to send the info to the 8915E

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪