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