Solved: Is there a form I must fill out for Cares Act dist...
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest second stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
New Member

Is there a form I must fill out for Cares Act distribution from my IRA? I am taking a distribution due to being unemployeed because of Covid.

How do I designate the distribution to the Cares Act?
1 Best answer

Accepted Solutions
Level 15

Is there a form I must fill out for Cares Act distribution from my IRA? I am taking a distribution due to being unemployeed because of Covid.

When you get your 2020 1099-R and enter it into TurboTax the interview will ask about that.  It will go on  a new 8915-E form that the IRS is still working on and will be released sometime in January.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

View solution in original post

2 Replies
Level 15

Is there a form I must fill out for Cares Act distribution from my IRA? I am taking a distribution due to being unemployeed because of Covid.

When you get your 2020 1099-R and enter it into TurboTax the interview will ask about that.  It will go on  a new 8915-E form that the IRS is still working on and will be released sometime in January.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

View solution in original post

New Member

Is there a form I must fill out for Cares Act distribution from my IRA? I am taking a distribution due to being unemployeed because of Covid.

Thank you!

Dynamic Ads
v
Privacy Settings