My husband is 65, still employed, had Covid in April and took $34,000 covid relief from 401K. How do I split the disbursement into 3 years as is allowed by the Cares Act? I've received the 1099R and it has the entire amount.
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What software are you using? We can't tell you how to enter it unless you tell us what software you are using.
I think you found the wrong Intuit. I believe the below link is where you might want to be:
Tax Support: Answers to Tax Questions | TurboTax® Support (intuit.com)
(courtesy of Jeff)
(Altho if it's TurboTax... Bill might just help you out...)
@abctax55 wrote:(Altho if it's TurboTax... Bill might just help you out...)
Not on this forum. I won't encourage do-it-yourselfers to post questions here. 😁
I have the same question and I use Intuit. I can't see where to divide it or elect to.
Hi there,
"Intuit" produces several tax prep software packages.
You’ve come to the Intuit site supporting tax professionals, and you may be looking for support as an individual taxpayer. Please visit the TurboTax Help site for support.
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.