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New Member
posted Jan 26, 2022 4:35:21 PM

Covid 401k 2020 distribution

When will turbo tax have the software to process the covid distribution taxed over 3years?

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1 Replies
Expert Alumni
Jan 26, 2022 7:07:50 PM

Form 8915-F will be used, among other things, to report income in 2021 and later years from qualified 2020 disasterrelated distribution, and any repayments of those funds.

 

The IRS has not yet released a final version of the Form 8915-F, nor have they announced when they expect it to be available.  Form 8915-F will be included in TurboTax shortly after it is finalized by the IRS.  For more information see the following TurboTax Help article:

 

What is Form 8915-F Qualified 2021 Disaster Retirement Plan Distributions and Repayments?