Irene2805
Expert Alumni

Retirement tax questions

TurboTax Online has been updated to include Form 8915-E. If you are using TurboTax CD/Download, the update should be available later today (2/25/2021).  

 

If you have a Code J (Early distribution from a Roth IRA in Box 7 of the 1099-R from your Roth distribution, after the 1099-R entry screen, you should seen screens pertaining to a COVID-19 or a Qualified Disaster Distribution.  Enter the requested information to see if you're exempt from additional taxes on the distribution.  

 

If you have a box 7 entry other than J, please respond back to this thread with the information.

 

 

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:

  1. Click on the Online link in the black bar at the top of the page.
  2. Click on Check for Updates.
  3. 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."

 

@FZ2671