@Shekei wrote:
I think she’s asking because I have same problem! I’ve gone through answered all the questions and gone through the 8515-e that shows the third payment BUT at the end it still says to REVISIT the section 🤦🏼♀️Been doing this for three days and keep getting same thing to keep revisiting it!
at one point I did manually input the 2020 1099-r in and my amount due actually went down from owing $1549 to only $51 🤣almost hit submit! But I don’t wanna get audited so I wanna do it right! ***so what you’re saying is “” DO NOT REENTER THE OLD 1099-R”? Just answer the questions and even though it keeps saying to revisit to just ignore it and move on ? That’s my problem! I don’t wanna pay the MAX if I don’t need it
Follow the instructions in this procedure. If you did not receive a 2021 Form 1099-R then do not enter a Form 1099-R in the TurboTax program. If there is a Form 1099-R listed on the screen Your 1099-R Entries and you did not enter a form, then delete the form listed.
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 in 2022
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
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) or enter a 0
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
You should not receive the "Needs Review" in the Federal Review section if -
You Leave blank or enter a 0 in the box for 2020 Form 8915-E, line 4, column b
