Hi
Hi
I need your help on this topic.
My tax return was rejected for the error in Form 8915-F.
For background info, I withdrew $30,000 under the Covid Relief Distribution in 2020, and I decided to pay the taxes for $10,000 each for the next three years. So, this year is the final year for the remaining $10,000.
Now, when I filled out the form under 1099, there is a question like this:
Did Changsop take a 2020 Qualified Disaster Distribution? So, I clicked Yes.
And the next question is 'If this was a Corona virus-related distribution in 2020, check here X'
So, I checked that box.
After the review is done okay, I submitted it but rejected for the above reason.
I have no idea why I was rejected.
By the way, this is Turbo's solution:
What needs to be done:
This return cannot be electronically filed due to invalid information on Form 8915-F, Qualified Disaster Retirement Plan Distributions and Repayments. Print your return and review information that appears on Form 8915-F: - If there is a FEMA number listed on line C, it must be a valid federally declared disaster n number, and it must be formatted as XX-NNNN-ST, where XX is either DR or EM, NNNN is a four digit number, and ST is a valid state abbreviation. - If box D is checked, no FEMA number should be listed on line C. If corrections are needed, go to Federal Taxes / Income, then scroll down to the section on Retirement, and select the 1099-R topic. If you have 1099-R entries, go to the end of the 1099-R summary, and select Continue. If you do not have any 1099-R entries for the current year, answer no when you see the question, Did you receive any 1099-R Forms? Then click continue. Follow the steps below to correct invalid information: 1) Answer on-screen questions until you get to the screen. "Did You take a 2020 Qualified Disaster Distribution?" 2) Mark the yes box at the top of the screen. 3) If you need to correct the FEMA Number that appears on Form 8915-F, line C, you must clear the checkbox labeled "If this was a Coronavirus-related distribution reported in 2020 check here". Then proceed to the next screen, where you can select a valid FEMA number. Click continue. If you need to clear the FEMA Number, go back and select the blank entry at the top of the FEMA dropdown list. 4) If necessary, go back to the screen in step 1, and check the box to indicate that this was a Coronavirus-related distribution. After making corrections, print for 8915-F and review information on lines C and D. Review for errors and re-submit the return for electronic filing. If the reject continues, you will need to print and file the return by mail.
