I took a Coronavirus related distribution in 2020 and elected to spread the income over 3 years.
I have spent hours trying to solve this to no avail. I get the “You need to revisit the Form 1099-R Retirement topic” dialogue no matter what I do.
”Did you take any disaster distributions in prior years …” selected YES
”Did I take a qualified 2020 disaster distribution?” YES
Coronavirus related distribution 2020 box is checked.
2020 Form 8915E line 4 column b is blank.
2020 Form 8915E line 9 has 1/3rd of my distribution.
Line 10 is blank.
Line 9, again, has 1/3rd of my distribution.
Nothing in traditional/SEP/Simple/Roth section.
I didn’t repay any of the distribution.
My spouse didn’t take a distribution.
We didn’t do disaster distributions in 2017-19.
No SS/RR benefits.
No Canadian plans.
I click “done with income” and get the “Did either of you take a disaster distribution at any time between 2018-2020?” YES in 2020
And, we’re back to the “You’ll need to visit … dialogue.” Wonderful.
When I get to the 2021 “Picture of Your 2021 Income” under the “Pensions - taxable” I see the 1/3rd amount but under the “Pensions - no taxable” I see 0. For 2020, 2/3rds of that amount is listed there (as it should be.)
My tax due number is double what it was for last year - as if I’m being taxed on the 2/3rds amount (or the full amount) of my distribution.
Anyone have any help out there?
Thank you,
CG
