Cares Act Covid-19 distribution from 401k 2020 broken up over 3 years (2020, 2021, 2022) Did not receive a new 1099-R for 2021. Turbo tax doesn't ask for info for this?

[NickM3]

I followed these steps exactly and it is still not working for me. 'No' I didn't get a 1099-R in 2021, 'Yes' I took a disaster distribution before 2021, 'Yes' I took a 2020 qualified distribution, 'checkbox' COVID related, filled out the forms twice, one for each myself and my wife (we both took distributions, but me from IRA (so line 17) and her from pension (so line 9)).

Nothing shows up on my preview 1040 in lines 4b or 5b and nothing is added to the income section. 

[golferandwife]

Did you enter the amount for line 17 in both places it asks for that?  If you don't enter the amount for line 17 on the first box it won't work.  I made that mistake the first time because I was confused by the description and the reference to the check box and zero. Thought I needed to enter zero when I should have entered the 1/3 amount.

[NickM3]

This was it, thanks! I also got confused and thought I either needed to enter 0 or leave it blank, thinking it was entirely about the checkbox. Repeating the same value in that line 17 about the checkbox and the other line 17 seems to have fixed the problem. While the income doesn't show up on the income summary, the right fields are showing up on the 1040 preview and the refund estimates updated, so I think I'm set.

You rock! 

[jamespdo]

this is the correct answer. It worked for me. Turbo Tax UI was rushed thru release. They really 1. should not ask member if they filed thru 2020 tax via Turbo online and auto import it, would have been nice. Secondly, the UI was poorly done and am in tech so I know how stressful these time can be. But at same time, these engineers are getting paid big bucks 🙂 so I expected more.

[fivejs]

What if I didn’t receive a 1099R for the 2020 withdrawal (401k under CARES Act)?  I got the 1099R in 2021 to file with my 2020 tax returns but I did not receive one this year for 2021 tax returns.  No such form exists from my financial institutions website either.  This is also the only thing holding me up on filing.  I opted to spread it out over 3 years and did not receive any tax forms to report it. 

[VolvoGirl]

See Don's answer on the previous page on this thread.  He posted it twice on page 6.  I copied it for you.

Go back to the Retirement Income section for a Form 1099-R and review your answers.

If you had a Covid-19 related distribution in 2020 and selected to spread the distribution over 3 years -

Answer No when asked if you received a Form 1099-R in 2021, if you did not receive the form

Answer Yes when asked if you took a disaster distribution

Answer Yes when asked if you took a Qualified 2020 Disaster Distribution

Check the box that this was a Coronavirus-related distribution reported in 2020

If the 2020 distribution was from an account that was Not an IRA

2020 Form 8915E Line 9 - Enter 1/3 of the amount from the 2020 distribution in both boxes for Line 9

If the 2020 distribution was from an IRA account

2020 Form 8915E Line 17 -  Enter 1/3 of the amount from the 2020 distribution in both boxes for Line 17

The 1/3 of the amount from the 2020 distribution will be entered on the 2021 Form 1040 Line 4b if from an IRA or on Line 5b if from a retirement plan other than an IRA

[iantronnguyen]

I have the same problem and it's driving me nuts!!! It keeps looping me back to Review Required after I answer the questions correctly.

[MaryannnJeff]

Does anybody know if this is available

[DoninGA]

---

@MaryannnJeff wrote:

Does anybody know if this is available

---

The Form 8915-F was included in the TurboTax online editions in the early evening of 03/23

The Form 8915-F was included as a software update for All the TurboTax desktop editions on 03/24

If you are using the desktop editions, update your software.  Click on Online at the top of the desktop program screen.  Click on Check for Updates.

You must go to the Retirement Income section of the program for a Form 1099-R to be able to enter your 2nd year of the 2020 distribution -

Click on Federal

Click on Wages & Income

Scroll down to Retirement Plans and Social Security

On IRA, 401(k), Pension Plan Withdrawals (1099-R), click on the Start or Revisit button

On the screen Did you get a 1099-R in 2021? Click on NO, if you did not receive a 2021 Form 1099-R

If you had a Covid-19 related distribution in 2020 and selected to spread the distribution over 3 years -

Answer Yes when asked Have you ever taken a disaster distribution before 2021?

Answer Yes when asked if you took a Qualified 2020 Disaster Distribution

Check the box that this was a Coronavirus-related distribution reported in 2020

In the box 2020 Form 8915-E, line 4, column b - Leave blank or enter a 0

This is not required on a Form 8915-F for a Coronavirus-related distribution

If the 2020 distribution was from an account that was Not an IRA

2020 Form 8915E Line 9 - Enter 1/3 of the amount from the 2020 distribution in both boxes for Line 9

If the 2020 distribution was from an IRA account

2020 Form 8915E Line 17 -  Enter 1/3 of the amount from the 2020 distribution in both boxes for Line 17

Do not enter anything in the other boxes, leave them blank (empty)

The 1/3 of the amount from the 2020 distribution will be entered on the 2021 Form 1040 Line 4b if from an IRA or on Line 5b if from a retirement plan other than an IRA

After completing the Wages & Income section you will land on a screen Did you take a disaster distribution at any time between 2018 and 2020?

Answer NO since you have already completed the entering the 1/3 of the 2020 distribution.

You can view your Form 1040 at any time using the online editions. Click on Tax Tools on the left side of the online program screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

Using the desktop editions click on Forms.  Open the Form 1040

NOTE - During Federal Review you may get a notice to check an entry.  Clicking Check Entries takes you to the Check This Entry screen showing a box for entering a FEMA Disaster name.  Put your cursor in the box (click in the box) and then click on the spacebar.  Click on Continue  On the following screen Run Smart Check Again click on Done.

The Form 8915-F you completed already has the box for the Coronavirus checked on Item D of the form.

As stated on the Form 8915-F -

If your disaster is the coronavirus, check this box ▶ Don’t list the coronavirus in item C.

[Rennaegade]

Well I did my taxes before this reply so I did not click the space bar. There should have been instructors from TurboTax saying to hit the space bar because it didn’t give me an option to move fwd without entering a fema number so my finalized form does show Covid-19 in C and for D it doesn’t show the box checked. If it says you received a Covid-19 distribution why is TurboTax even asking for a fema number. I’m not even going to bother changing this. The amount is correct so what does that box being check matter 

[Rennaegade]

Well it filled it out for me so idk what the malfunction is 

[smunson65]

The instructions for the Revised February 2022 Form 8915-F include a note that reads:  "When these instructions went to print, legislation was pending in Congress that would elevate certain 2021 disasters and the 2020 Washington (4593-DR-WA) disaster to the status of qualified disasters. Go to Recent Developments under IRS.gov/Form8915F to see whether that legislation was enacted."   There are no recent developments listed on the IRS website. 

Is this legislation still pending in Congress? If it is not still pending and was passed, has TurboTax been updated to reflect this passage?  

[smunson65]

The instructions for the Revised February 2022 Form 8915-F include a note that reads:  "When these instructions went to print, legislation was pending in Congress that would elevate certain 2021 disasters and the 2020 Washington (4593-DR-WA) disaster to the status of qualified disasters.  Go to Recent Developments under IRS.gov/Form8915F to see whether that legislation was enacted."  There are no recent developments listed on the IRS website.

Is this legislation still pending in Congress?  If it is not still pending and was passed, has TurboTax been updated to reflect this passage? 

[fivejs]

Thank you for finding that thread for me, I tried to enter it as instructed but am put off by the semantics.  Here is the advice you forwarded:

“Answer No when asked if you received a Form 1099-R in 2021, if you did not receive the form”

My question is I DID receive a form in 2021 BUT it was FOR 2020.  I did NOT receive a form this year for 2021.  Is this the same thing? In other words, I only received ONE form for the original distribution I took in 2020.  

also, when entered as instructed, it still tells me I need to revisit my 1099-R section which says “Needs Review”.  What am I doing wrong?

thanks in advance for your help!

[DoninGA]

---

@fivejs wrote:

Thank you for finding that thread for me, I tried to enter it as instructed but am put off by the semantics.  Here is the advice you forwarded:

“Answer No when asked if you received a Form 1099-R in 2021, if you did not receive the form”

My question is I DID receive a form in 2021 BUT it was FOR 2020.  I did NOT receive a form this year for 2021.  Is this the same thing? In other words, I only received ONE form for the original distribution I took in 2020.  

also, when entered as instructed, it still tells me I need to revisit my 1099-R section which says “Needs Review”.  What am I doing wrong?

thanks in advance for your help!

---

Yes, it is the same thing.

If you did Not receive a 2021 Form 1099-R in 2022 then answer No. 

And -

After completing the Wages & Income section you will land on a screen Did you take a disaster distribution at any time between 2018 and 2020?

Answer NO since you have already completed the entering the 1/3 of the 2020 distribution.

(This will stop the program from taking back to the Form 1099-R section for Review)