SamS1
Expert Alumni

Get your taxes done using TurboTax

@LD2703 The 8915E form is live and available in the TurboTax online product.  It is not available in the desktop product. The 8915-E will be used for penalty relief from early retirement plan distributions and include the option to spread the distribution income over 3 years.  This may be a good option if the distribution is pushing you into a higher marginal tax bracket.  You may end up paying less tax if you spread the distribution over the 3 years.  If you are having problems, I would recommend deleting the form and re-entering.  After you have logged in and are in your return in TurboTax Online:

  • Go to Search at the top of the screen.
  • Enter Form 1099-R in the search box. 
  • You will see a Jump To function that will take you to the 1099-R input screens. 
  • There delete the 1099R in question by clicking on the trash can next to the form
  • Then add a new 1099R and manually enter your 1099R.

At the financial services screens, click "Change how I enter my form" then "Type it myself"

 

After you have entered your 1099R, make sure to check the Covid distribution box in the Uncommon Situations screen