Retirement tax questions


@BillAnderson13 wrote:

Where is there a question "you will be asked if this is a qualifying distribution under the CARES act" portion in my return? Do not see that listed anywhere in Turbo Tax Deluxe 


If you are referring to retirement plan distributions under the CARES act -

The IRS is finalizing a new Form 8915-E, Qualified 2020 Disaster Retirement Plan Distributions and Repayments (Use for Coronavirus-Related Distributions)

 

The form 8915-E and instructions are still in a draft state.  The IRS has not communicated when this form will be finalized for use with the 2020 federal tax return.  When that occurs TurboTax will incorporate the form and instructions into the software.

 

Estimates are that this form will be available sometime in February.