I received email that the FORM 8915-E was available and automatically would be asked questions if you took an early withdrawal due to COVID. It is not letting me do it.

jcontenta · ‎February 27, 2021

There is no question or section directly related to COVID and it is still taking the 10% penalty which it should not be.

macuser_22 · ‎February 27, 2021

Enter your 1099-R and it will ask.

**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.**

jcontenta · ‎February 27, 2021

Hi, I do have the box checked. It doesn't go to any other link to ask anymore questions related to COVID.

It goes to asking if I rolled over the money (which I didn't), then it goes to asking about the special averaging method and tells me I do not qualify. Then asks if I ever took a disaster distribution before 2020, which I have not. Then it takes me to this screen about not paying the additional tax-- nothing is related to COVID relief. The next screen says I have to pay the 10% penalty. Which I know for sure that I should not, it is a qualified retirement plan and only took out $10K which was directly related to being laid off of work due to quarantine from COVID.

macuser_22 · ‎February 27, 2021

What code is in box 7? Is the IRA/SEP/SIMPLE box checked?

Is it a regular 1099-R or a CSA or RRB 1099-R?

**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.**

macuser_22 · ‎February 27, 2021

Also, what is the 1099-R for? Is it a pension and you receive periodic payments (like monthly or quarterly)?

**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.**

jcontenta · ‎February 27, 2021

IRA/SEP/SIMPLE is not checked. Code 1 is in Box 7. It is a regular 1099-R.

jcontenta · ‎February 27, 2021

It is not a pension/receive periodic payments. I'm under the age of 40. I did the withdrawal from this retirement plan due to COVID reasons. I already paid 20% in Federal tax that was withheld when I withdrew the money also.

jcontenta · ‎February 27, 2021

Super weird--- all of the sudden since I posted this question on here... The COVID distribution questions just now show up... THANK YOU FOR YOUR HELP!! @macuser_22

macuser_22 · ‎February 27, 2021

After the screen I posted you must check that none was rolled over.

**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.**

J_M_ · ‎March 7, 2021

@macuser_22 I am having the same issue as I seem to be missing those additional screens or the system is skipping them for some reason.. Any suggestions?

J_M_ · ‎March 7, 2021

Wow that’s crazy those missing screens just popped up for me too after posting here! Thanks whoever helped!

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I received email that the FORM 8915-E was available and automatically would be asked questions if you took an early withdrawal due to COVID. It is not letting me do it.