State tax filing

I been fighting with Turbo tax for weeks to get this Covid 19 distribution fix for both Federal and State. The Federal form 8915-E was released by the IRS on 2/12 and Turbo tax implemented it correctly on 2/26 to 2/27. As far as I'm concerned the Federal portion is still good and you can pay all of the taxes in one year (look for 2020 check box within 1099-R questionnaire) or pay the amounts evenly across 3 years, not 2 years, but 3 years split.

 

I repeat: you complete form 1099-R as usual and the Covid fix questions will follow, i.e. the 1/3 split or 2020 full tax payments. Make sure you have updated the desktop software.

 

Now on to the bigger issue: the NYS Pension/Annuities/IRA - Turbo tax has no intention of fixing this issue and has done a terrible job of communicating to customers when  this issue will be fixed. At best you'll get 1/5 customer service reps that won't drag you through a bunch of useless fixes and updates that do nothing.

 

My next email will be to the NY State Attorney General Letitia James.