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reneesantana54
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
macuser_22
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.**

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2 Replies
macuser_22
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.**
reneesantana54
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!

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