Retirement tax questions
Form 8915-E is available in both the CD/Download and online versions of TurboTax. If you are using the online version or after you have updated the CD/Download version be sure to go back through the 1099-R section in the federal return.
In the screens following the 1099-R entry screen:
- You will see a series of questions to see if you are exempt from the additional taxes on early withdrawals [Screenshot #1, below]; and
- You will be asked if you want to pay all the tax this year of just 1/3, with the rest reported over the next two years. [Screenshot #2] Check the box if want to pay tax on the entire retirement distribution in 2020.
Then proceed to your state return.
Screenshot #1
Screenshot #2
