DianeW777
Expert Alumni

Retirement tax questions

Your questions will be shown and the answers will follow each question below.

 

Question: Do you enter the full distribution amount? 

  • No, you enter the 1/3rd amount when you are on the 8915-F screen  (Use your 2020 Form 8915-E to complete this screen)

Question I received a 1099 in 2021, but I didn't receive one in 2022. Should I have from my financial institution? 

  • You do not need your financial institution information for your 2021 tax return for the distribution you received in 2020.

Question: And if I'm not supposed to receive a 2nd 1099, what information do I submit?

  • There is nothing to submit with your 2021 tax return in regards to a distribution you chose to claim over the three year period due to COVID.

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