8915 F

Forum|Forum|4 years ago
March 4, 2022
1 reply
1 view

I need to report my second payment/distribution for the covid relief disbursement I took in 2020. Do I need to use the same 1099r from I used last year? or how will it work for this year's filing?

TurboTax Self Employed Online

FangxiaL

Level 10

You don't enter your 1099-R for 2020 into your 2021 tax return, but it is a good reference about how much you took out in 2020 and how you need to pay tax on or put back if that's what you decided to do.

We can provide better instructions once Form 8915-F is ready for e-file on 3/31/2022.

To report the 2021 CARES Act retirement plan distribution for 2020 that gave you 3 years to repay it back, follow these steps:

With your federal return open:

In the search box, type 1099-r, then Jump to 1099-r
On the next screen, select No if you did not receive a 1099-R in 2021
On the next screen, select Yes to Have you ever taken a disaster distribution before 2021?
Select Yes, I took a disaster distribution between 2017 and 2020 on the next screen
The message below is what you will see because the form is not ready as of today. The new form is expected sometime in March.

You'll need to revisit this area

Unfortunately, IRS instructions related to repayments of disaster distributions weren't ready in time for us to include them in this release. Please revisit this area later.

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bert25016

Level 2

The Federal form 8915F has been ready for some time. Why is Turbotax so slow to update?

MoniqueLO_

Level 10

Form 8915-F will be available on March 24, 2022.

In this public forum, we are provided with form availability information, but not an explanation as to why certain forms are not available until a specific date.

Please see this Help Article for information regarding IRS forms. The Help Article will display the availability of forms, upcoming release dates, and if the form is supported through E-file.

@bert25016