I took a 401k distribution under the CARES Act in 2020. I paid the first third of my tax liability in 2020. Where do I report the second third for my 2021 liability ?

kevin13 · ‎February 15, 2022

MinhT1 · ‎February 15, 2022

You will report the second taxable portion of your 2020 coronavirus distribution in the Retirement section under Wages and Income of TurboTax.

However, this section is not yet ready as the IRS has not yet issued instructions for form 8915-F and you'll need to revisit this section later.

Please read this TurboTax Help topic on form 8915-F.

At this time, we do not know when the IRS will finalize form 8915-F as it is still in draft form as of February 2, 2022.

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View solution in original post

MinhT1 · ‎February 15, 2022

You will report the second taxable portion of your 2020 coronavirus distribution in the Retirement section under Wages and Income of TurboTax.

However, this section is not yet ready as the IRS has not yet issued instructions for form 8915-F and you'll need to revisit this section later.

Please read this TurboTax Help topic on form 8915-F.

At this time, we do not know when the IRS will finalize form 8915-F as it is still in draft form as of February 2, 2022.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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I took a 401k distribution under the CARES Act in 2020. I paid the first third of my tax liability in 2020. Where do I report the second third for my 2021 liability ?