SamS1
Expert Alumni

Get your taxes done using TurboTax

@IDF783 Make sure you indicate you have 2 codes and enter the 1 in first box and L in 2nd.  I just tried it in both the Desktop and TurboTax online and both took me to the 8915E screens for the income deferral.  

 

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