vshah
Level 1

One of my clients received corona virus related distributions from his 401k during 2020.

The 10% additional tax on early distributions does not apply to any coronavirus-related distribution.

while preparing the tax return using ProSeries, I have checked box 2020 Coronavirus-related distrubution on Qualified Disaster Distribution Smart worksheet under Form 1099-R worksheet but the program still calculates 10% penalty.

Can someone please advise if certain other box/es are required to be checked or anything else I am missing?

Thanks in advance

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