I have may clients that took a COVID related IRA withdrawal. The Federal Form 8915E is now working on the Federal side but on Wisconsin, it is still calculating an early withdrawal penalty with the following error notice:
Form 1: Penalties on IRA We're still working on updates related to Penalties on IRAs, retirement plans, MSA's distributions (Form 1099-R) that qualify for disaster or covid relief. You can keep working on your return and we'll remove this message when it's ready.
I have a stack of returns that are waiting to finalize with this error. When will it be fixed? I can't find anything online and when I called early this morning the person at Intuit said she would look into it and email an answer. I have heard nothing all day.
I called support over a week ago and they said the WI Dept of Revenue has to approve software changes but I was not overly confident in the support person's level of certainty with her answer. I don't think it should take the DOR to approve things. I would suggest the more people call ProSeries support asking about this the quicker they will push it through? This is crazy how long this is taking. I have a stack of returns I can't file. Some of these I have had since the end of January. My clients are getting upset!