@sirek wrote:
I took a qualified 2020 covid-19 early distribution from a retirement plan and opted to spread the tax over three years. I paid tax on 1/3 of the distribution in 2020. I need to pay tax on 1/3 of the distribution for tax year 2021 and also for 2022. How do I report the the taxable portion on my 2021 tax return? Turbo tax is not prompting me any questions relating to a Covid distribution and I cannot find a Form 8915-E for 2021. I did not receive another 1099 for 2021, only for 2020.
You will report this in the Retirement Plans and Social Security section under Wages & Income. However, the Form 8915-F has not been finalized by the IRS for including in a 2021 tax return so the questions are not being asked until the form is available. There is no estimate from the IRS when this form will be available, but guessing sometime in March 2022.
