anita1
Level 3
02-11-2021
12:39 PM
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I have a client who took out $80,000 from retirement money early(under591/2) because of Covid19. There is no penalty on this withdrawal. He plans to pay it back on the third year. How do I code it in Proseries. The IRS also states he could be tax on it over 3 years. How is that done in the system?
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