AmyC
Employee Tax Expert

Get your taxes done using TurboTax

No. You need to verify that 1/3 of your distribution is included in your income and the form 8915-E should be a part of your return. See How do I preview my TurboTax Online return before filing? 

 

If you see a form 5329, then the 8915-E is not picking up. You may need to update your program.

  1. Go back through the program, edit the  1099-R, and mark that you were affected by COVID.
  2. You may need to return to the Form 5329 and delete it. See How to Delete   

 

In addition, you have those 3 years to repay the money. So you may be able to repay some of it in the next 2 years and not have to pay the full tax on your distribution.

 

 

Related:

State 8915-E Impact

 

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