Get your taxes done using TurboTax

macuser_22 · ‎March 24, 2022

@drwho1 wrote:

I am using the online TT. I created my 1099-R using my 2020 form I got when I took out the qualified withdrawal. I entered all of the information and my refund took a major nosedive. However, when I proceeded through a few questions I came to a part where I can select "I took out this money due to a qualified disaster".

My return immediately jumps back up, and on the surface appears to take into account 1/3 of that amount. A few questions later I can select "Yes, this was a Qualified 2020 Disaster Distribution"

I then get to this.... "For the Qualified 2020 Disaster Distribution reported, we need to know which disaster affected you."

There is a drop down box with lots of options, but none of the options are due to the coronavirus. The options are only state disasters that are storm related.

Where are people selecting it was due to the Corona Virus?

I have went through this whole 1099-R part 5 times and can not find anything that I can relate to the corona virus

It's the check box on the first question.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**