@minutemanmath wrote:
Thank you! So, even though I did not receive a distribution in 2021, I still report it as if I did because last year I elected to spread it over three years? Do you happen to know if the IRS sends out a form like the 1099-R to let us know how much income to report or are we expected to use our tax forms from 2020 to find the proper amount?
No the IRS does not send you any type of Form 1099-R for the distribution.
When the form is available in TurboTax you will be asked to provide the information from the Form 8915-E that was used in tax year 2020. If you transferred your 2020 tax data to the 2021 tax return when you started the 2021 return, the information from the 2020 8915-E will also transfer. So this should be a (hopefully) easy procedure for reporting the 2021 distribution.
