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Level 2
February 7, 2021
Question

CA Form 3805P for Cares Act Distributions

  • February 7, 2021
  • 1 reply
  • 6 views

California return is charging 2.5% penalty on Cares Act qualified distributions.  CA conforms so there should not be a penalty.  Cannot use override box without a drop down explanation of which none apply.  Is this going to be fixed?

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1 reply

George4Tacks
Level 15
February 9, 2021

Use code 12 per instructions for 3805P. 

Answers are easy. Questions are hard!
GShadAuthor
Level 2
February 9, 2021

Thanks, that works. I appreciate it.

George4Tacks
Level 15
February 9, 2021
Thanks for the thumbs up vote.
Answers are easy. Questions are hard!