Any new 529 exception due to covid to avoid the 10% penalty?

[RoseNJ]

My client took a distribution from his reitrement acct. after his company directed them to do so without  penalty if it was related in some way to covid.

But I cna't find an exception code to use to avoid the $10k penalty that it typcial on early distributions.

Has anyone found one? 

Pat Levins

[abctax55]

What software are you using?

[qbteachmt]

You are asking about disaster distributions.

Yes, most retirement accounts qualify; no, 529 plans don't qualify. A 529 plan is not a retirement plan. It's a school savings plan.

There is no $10k penalty. Perhaps you are asking about the 10% early withdrawal penalty.