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sasmin
Returning Member

I took a COVID 19 withdrawal from my 401k and want to claim the wdrwl over 3 yrs, I will enter 1/3 of wdrwl ea yr do I claim the tax I already paid over the three yrs?

Thank you ,  Ok I did all of that and it still says "needs review" under 2021  - IRA, 401 {k}, Pension Plan Withdrawals {1099R}.  It has the full amount of the distribution listed under 2020.    Strange!?

I took a COVID 19 withdrawal from my 401k and want to claim the wdrwl over 3 yrs, I will enter 1/3 of wdrwl ea yr do I claim the tax I already paid over the three yrs?


@sasmin wrote:

Thank you ,  Ok I did all of that and it still says "needs review" under 2021  - IRA, 401 {k}, Pension Plan Withdrawals {1099R}.  It has the full amount of the distribution listed under 2020.    Strange!?


Deleted the Form 1099-R listed.

sasmin
Returning Member

I took a COVID 19 withdrawal from my 401k and want to claim the wdrwl over 3 yrs, I will enter 1/3 of wdrwl ea yr do I claim the tax I already paid over the three yrs?

there isn't one in there...?

MarilynG
Expert Alumni

I took a COVID 19 withdrawal from my 401k and want to claim the wdrwl over 3 yrs, I will enter 1/3 of wdrwl ea yr do I claim the tax I already paid over the three yrs?

If you have no 1099-R entered in your 2021 return, it's ok if the full amount of your 2020 distribution is showing on the display page.  If your actual tax return is correct, don't worry about the 'Needs Review' on this page. 

 

Check to see if you have a Form 8915-E in your return, and delete it if you do. 

 

You can also try closing TurboTax, clear your Cache and Cookies and return to the section to see if the 'Needs Review' disappears.

 

 

 

@sasmin

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