The TurboTax update with Form 8915-E for CD/Download should be available later today.
In TurboTax CD/Download, you will be prompted to download any updates available when you open the program. You can also update the program while you have it open by following these steps:
- Click on the Online link in the black bar at the top of the page.
- Click on Check for Updates.
- TurboTax will download and install any updates available. If there aren't any updates, you will receive the message "Your software is up to date."
Once the update is released and installed, go back to your federal return and go through the screens for your 1099-R. The program will remove the early withdrawal penalty for early retirement plan distributions and address other COVID-19 issues.
