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Hello. I took an early withdrawal from my 401K in 2017 for Hurricane Irma and chose to spread the tax over 3 years. How do I add that in without a new 1099R for 2018?

 
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4 Replies
dmertz
Level 15

Hello. I took an early withdrawal from my 401K in 2017 for Hurricane Irma and chose to spread the tax over 3 years. How do I add that in without a new 1099R for 2018?

Go to the Form 1099-R entry section and indicate that you did not receive any 2018 Forms 1099-R. TurboTax will then ask if you received any disaster distributions where you'll indicate that you received a 2017 qualified disaster distribution.  TurboTax will then prompt you for the information needed to prepare 2018 Form 8915B.  You'll do the same for your 2019 tax return next year.

Ryndstrum
New Member

Hello. I took an early withdrawal from my 401K in 2017 for Hurricane Irma and chose to spread the tax over 3 years. How do I add that in without a new 1099R for 2018?

So I have this same situation but am only asked about 2016 and form 8915A, I do not get a question about 2017 and form 8915B.  Has that not been added yet?

Hello. I took an early withdrawal from my 401K in 2017 for Hurricane Irma and chose to spread the tax over 3 years. How do I add that in without a new 1099R for 2018?

I went ahead and entered my 1099 like last year but it only takes me so far and gives me a message that the forms are not ready yet.
dmertz
Level 15

Hello. I took an early withdrawal from my 401K in 2017 for Hurricane Irma and chose to spread the tax over 3 years. How do I add that in without a new 1099R for 2018?

I think that something changed with the latest update to TurboTax that makes the reporting on Form 8915B presently nonfunctional.  It sounds like they are in the process of reworking it.

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