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Get your taxes done using TurboTax
So, if the form to distribute the tax liability over three years is still in draft form, should we:
(1) wait for the draft form to be finalized?
(2) wait for TT to include the finalized form in its updates?
(3) file now and divide the taxable amount by 3 somehow manually in TT?
(4) file now with the full liability and then later file an amended return?
Finally, any estimates as to when the form 8915-E will be finalized?
I saw a comment earlier that TT does divide the tax liability by three years in final sections of the application, however I had no such prompt or area in TT to do this
March 1, 2021
12:03 PM