You'll need to sign in or create an account to connect with an expert.
You are posting from TurboTax Live. You can arrange for the Live help you are paying the extra fee for with your questions from 5 a.m. to 5 p.m. Pacific time Monday- Friday
https://ttlc.intuit.com/questions/4124827-how-do-i-connect-with-a-tax-expert-in-turbotax-live
Talk to the live help so they can explain this to you.
You will get a 2020 form 1099-R ... failure to report it on the 2020 return will get you an IRS letter for sure ... even if you will repay the distribution in the next 3 years or defer the taxes over the next 3 years you must report it on the 2020 return ... they even have a new form for this situation.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
1c98707ce2ff
New Member
ja19584
New Member
Krystal81
New Member
dawnschen
Returning Member
dmtcuz14
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.