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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:
- 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."