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Retirement tax questions
@Mommyof3 wrote:
Did you say the form 8915E may bot be efiled? If this true why can't i just efile now cause I'm not being penalized at all my 1099R code is 2 so it didn't penalize me
The code on the 1099-R is not the determining factor, it is whether the distribution itself was only allowed because of the CARES act. If you could have taken the distribution anyway then the 1099-R is all you need to file. Only if you need the 8915-E form to claim a COVID related distribution will you need it.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎February 9, 2021
8:14 AM