When I enter my 1/3 portion (second installment) for TY2021 I see my Federal and State tax liabilities go down. Should this be the case?
I would think the tax burden would go up or the refund would go down as you added the 1/3 of the disaster distribution to both tax returns.
I am not seeing any info on my 2021 1040 line 5 a, 5b regarding the distribution or repayment.
Form 8915-F Part II distributions may be found on line 5b of the 2021 Federal 1040 tax return. The distribution is not reflected in box 5a. See entries for Part II of Form 8915-F on lines 12, 13 and 15.
Shouldn't I have to enter Distribution amounts from 2020? Where would this info go other than 1040 lines 5a, 5b? I don't seem to see any information passed from my 2020 return that I imported regarding the 1099-r and the 8915-E.
I am seeing no reference to the original 1099-R distribution amount on the 1040, the 8915-F or the Qualified Disaster Distributions Worksheets.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
