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Retirement tax questions
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. Tried entering 1099-R in manually, amount keeps showing up as $0.
Using Premier version online.
‎February 25, 2021
8:44 AM