rmeg1
Returning Member

Get your taxes done using TurboTax

I found it.  So, hopefully this is correct: On our 1040 Form, line 5a is now showing the total 2020 distribution, and line 5b is displaying the 1/3 CARES amount due for 2021.  The total tax due appears to now be correct.

 

It's buried, and I can't even begin to describe the path to how I got there.  Again, unless you painstakingly dig, you're going to miss it.  TT is really remiss for not programming this in a straightforward manner in the income Q/A input sequence.  As I said before, I suspect there will be a lot of people who took the CARES deferment, and like I did, assume the importation of a TT2020 tax return with a properly included 8915-E, would automatically bring that info into TT2021.  In my mind, that's a pretty nasty (and potentially expensive tax underpayment) bug, and it does NOT come up in the completed pre-file Review.