What about the section that asks you to fill in the information from the 2020 For 8915E, Line 4, Column b?
While filling in the answers on TurboTax online, you can check a box indicating this was a Coronavirus related distribution, but when you input the info from prior year return as mentioned above, it triggers the review segment later on forcing the input of a FEMA disaster name.
Are we not supposed to enter the amount from the 2020 For 8915E, Line 4, Column b if it's a CARES act distribution, if so, shouldn't that be better clarified?
Ex: If you took a $90,000.00 distribution, with no repayments. Paid taxes on $30,000.00 in 2020, then based on the input section on Turbotax Online would be
2020 For 8915E, Line 4, Column b: $90,000.00
Line 9: $30,000.00
Line 10:
Line 9: $30,000.00
Or does it not impact the actual document that's filed with the IRS one way or another?
