Lathanna
Level 1
02-08-2021
09:28 AM
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Thank you, Ironman,
Does the waive of the penalty applies to withdrawals made in 2020?
Form8915A only mentions repayments
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Lathanna
Level 1
02-08-2021
09:19 AM
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Hi my client is getting charged the 10% withdrawal penalty and the full taxes.
Is this a glitch in the program?
Level 15
02-08-2021
09:29 AM
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8915E is for spreading the taxability out over 3 years. Whether the 8915E will waive penalty as well, or we need the 5329 involved for this, Im not sure, since we dont have an 8915E available yet to see how it works.
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