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Retirement tax questions
@Teshot wrote:
I am also not finding anywhere that there are questions relating to the reason for the early withdrawal. I followed the instructions and get exactly the same thing every time. Has this been updated by TT?
The software was updated across all platforms, online and desktop, on 02/26/2021, to include Form 8915-E for Covid-19 related withdrawals from a retirement account.
After you enter the Form 1099-R there will be a series of questions concerning the withdrawal, one of which will ask if this distribution was due to Covid-19.
If you do not see this question then delete the Form 1099-R and re-enter manually.
Enter 1099-r in the Search box located in the upper right of the program screen. Click on Jump to 1099-R
March 29, 2021
7:17 AM