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Retirement tax questions
Did you enter 1/3 of the 2020 distribution in both boxes for the type of distribution? That is required so the amount will be entered as taxable income on the federal tax return Form 1040 on either Line 4b or Line 5b.
If the 2020 distribution was from an account that was Not an IRA
Enter 1/3 of the amount from the 2020 distribution in both boxes for Line 9
2020 Form 8915E, line 9, if you checked the box on that line, enter 0
2020 Form 8915E Line 9
If the 2020 distribution was from an IRA account
Enter 1/3 of the amount from the 2020 distribution in both boxes for Line 17
2020 Form 8915E, line 17, if you checked the box on that line, enter 0
2020 Form 8915E Line 17
Do not enter anything in the other boxes, leave them blank (empty)
‎April 3, 2022
7:27 AM