dmertz
Level 15

Retirement tax questions


@AM65 wrote:

I thought that TurboTax would compute that my COVID-19 related distributions totaled $14,069.20; thus only $4,689.73 would need to be declared as additional IRA income in 2020, 2021 and 2022... and furthermore, I would have to declare the additional $7,093.58 non-COVID related IRA distribution in 2020 because this amount could not be spread out over 3 years.


This is exactly the result I get on Form 8915-E when I make the entries as you stated.  Adding the $7093 of non-CRD distributions results in $11,783 on Form 1040 as expected.

 

It seems that somehow you indicated that the $2,466.36 distribution was a CRD.  Delete and reenter that Form 1099-R.