There must be many different version of Turbo Tax Deluxe 2021, because I ask a questions and give complete details, however, the response is great, but when I go to enter the inform, my screen are nothing like the solution. I've have current Update.
Here is just the latest. Please read this:
You: Did you get a 1099-R in 2021?
You: Click on NO, if you did not receive a 2021 Form 1099-R in 2022
Me: Screen reads "Your1099-R Entries".
Me: The Screen reads: "add, edit (change) or delete forms."
You: Your question ask "Did you get a 1099-R in 2021?"
Me: No. It do not ask the question: "Did you get a 1099-R in 2021?"
You asked me: "On the screen Did you get a 1099-R in 2021? Click on NO, if you did not receive a 2021 Form 1099-R in 2022"
Me: I did not receive a 1099-R for the IRA this year. How do I enter the 2021 taxes for Covid19 - 2nd year of the 2021 distribution? The Payer of my IRA withheld all the taxes (10%) of the entire amount in 2020. I did not realize it and paid an additional 1/3 more taxes on top of the original withholdings. Now, I need to pay an 1/3 on this 2nd year 2021, and then the last 1/3 in 2022.
You ask: Have you ever taken a disaster distribution before 2021?
Me: Yes. Took 2020 CARES ACT - CoVid19 disaster distribution. Paid Taxes on the entire amount (10% tax) PLUS paid Taxes on 1/3 of the entire amount all in 2020.
From Me: At this point, I am not sure what to do. Will you share your expert knowledge as to how to proceed? Time is running out and I truly need your help.
Thank you.
