@stasha2 wrote:
How do you record year two of the tax liability for the cares 401k withdrawal? Since the liability is split between 3 years I need to record year 2. I've already reported the full withdrawal last year but taxable portion was 1/3 so I don't want to re-report the withdrawal
To report the payment for tax year 2021 you will need the new IRS form 8915-F. The IRS has not yet released the final version of this form or the instructions. It may not be available until mid-March 2022. Once it becomes finalized by the IRS then TurboTax will include the form in the TurboTax software in the section for reporting a Form 1099-R.
See this TurboTax support FAQ for the Form 8915-F - https://ttlc.intuit.com/community/retirement-tax-credits-and-deductions/help/what-is-form-8915-e-qua...
