Retirement tax questions

DoninGA · ‎February 25, 2021

@benihana740 wrote:

Form 8915-E is available in the online version, but it does not let you make the income tax payments ratably for Covid-related Roth withdrawals. It says I reported $0 as a Covid-19 withdrawal when on the previous question I responded that ALL of it was due to Covid. If I check the box "pay tax on entire. . . ," it still shows $0 at the top, but it calculates the correct amount of tax, with no penalty, for the entire amount.

Hopefully, they get the issue with 1/3 payments squared away or I will have to use another software to do my taxes.

I just went through this process using the TurboTax online editions and it worked as required by the Form 8915-E for a covid related withdrawal.

Suggest that you delete the Form 1099-R that you entered and re-enter manually.