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Disaster Distribution Third year payment not calculating correctly
Hoping someone might be able to help. I took a qualified disaster distribution in 2020 under the Cares Act. We took out 27K, and split over three years. The 8915-E looks correct for 2020 taxes showing three year split 9K in 2020, and when I filed 2021 taxes it correctly accounted for 9k. Now, trying to file 2022 tax returns, TurboTax is prepopulating 2021 8915-F information but it's not increasing my liability; it's not accounting for the third year amount of 9K. I'm not sure what to do. I can fudge some of the blocks to manually increase it but I don't want that to impact anything. Is anyone else possibly running in to this issue?
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March 1, 2023
8:02 AM