Retirement tax questions


@moneyguy wrote:

As it is now 2022 and I'm getting ready to file 2021 taxes, does anyone have an idea when the function to continue the 3 year split taxes for the CARES act related withdrawal from 2020?  I see the question in Turbo Tax premier online to specify whether I took a disaster related withdrawal in 2020, but it just says "come back later, not ready for this release"....  Would love to be able to calculate my taxes owed/due sooner than later.


That is the correct place.   The IRS has not released the new 8915-F form for 2021 yet to report that - probably sometime in March.

 

You can view the draft form here:

https://www.irs.gov/pub/irs-dft/i8915f--dft.pdf

https://www.irs.gov/pub/irs-dft/f8915f--dft.pdf

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**