401k Cares Withdrawal dist for 2021

3 replies
25 views

How do i properly report the withdrawal carry over for the 2020 cares act withdrawal that is spread through 3 years? 1/3 was taxed last year and now i need to report this years 1/3. I do not see any related forms/walkthroughs in 2021 deluxe.

SteamTrain

Level 15

The required form(s) and interview questions for that have not been implemented in the software yet, and may not be until sometime in late January or February.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

srenneke

Level 2

Has this been updated yet?

DoninGA

Level 15

@srenneke wrote:

Has this been updated yet?

No. The IRS just released the Form 8915-F and instructions on 02/03/2022. It will take awhile for TurboTax to update the software for the form and the form instructions. No date has yet been published.