- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
After you file
The TT instructions are very confusing. I am using the TT web version. I took a covid distribution in 2020. I have a 1099-R from 2020. I elected to spread the tax over 3 years.
Step 16 and 17 from the instructions "How do I use Form 8915 to report my 2020 COVID-related retirement distributions?" state the following:
16. Review Part II of your 2020 8915-E form
17. See if the box on line 9 is checked
- If this box is checked, enter 0 in the first box under the section in TurboTax
- If this box isn’t checked, enter the amount from line 9 in the first box under the section in TurboTax
However, on the "Did [My Name] take a 2020 Qualified Disaster Distribution?" screen in TurboTax it says to refer to the "2021 Form 8915F".
On this screen I have several boxes - where am I supposed to enter the 1/3 amount for my 2023 tax return? TT has already prefilled 1/3 of the Amt. from prior years on two of these lines (lines 12 and 13).
On my form 8915E from my 2020 return, box 9 has 1/3 of the Amt. However on form 8915F from my 2021 return, line 11 has 0.
The instructions say "If this box is checked, enter 0 in the first box". What is the first box? Is it the one below that refers to "2021 Form 8915F, line 11"?
Do I enter 1/3 of the Amt in the first line here to match line 12 and line 13? And which form am I supposed to actually use? Instructions say 8915E, yet the screen itself says to use 8915F. Very odd.
2021 Form 8915F, line 11, if you checked the box on that line, enter 0 <---- AM I SUPPOSED TO ENTER 1/3 Amt HERE? |
2021 Form 8915F, line 12 <------ TT HAS 1/3 Amt pre filled |
2021 Form 8915F, line 14 <------ TT HAS 0 pre filled |
2021 Form 8915F, line 13 <------ TT HAS 1/3 Amt pre filled |