IRS still working on 1099-R Pensions distributions?

Forum|Forum|5 years ago
February 19, 2021
1 reply
0 views

I cannot enter the 1099-R information, I get a message that the IRS is still working on the distributions from pensions. Is this true? I have updated TurboTax

several times.

sls50211

Level 9

This error message is related to the form 8915-E that is schedule to roll out 2/25. The 8915-E will be used for penalty relief from early retirement plan distributions and include the option to spread the distribution income over 3 years. This may be a good option if the distribution is pushing you into a higher marginal tax bracket. You may end up paying less tax if you spread the distribution over the 3 years. I work in the home and business desktop version of TurboTax and I can input the 1099R. It might be related to the product type you are using and the availability of the 8915-E in that product type.

ReNae2

Level 2

I am still getting this message on March 5th. Anyone have any newer information. Also receive this message for Schedule D.

MOGrillmanAuthor

Level 2

I found it helpful to turn off my antivirus program and reinstall the program. Once I did that Turbo Tax worked just fine and I was able to get taxes done without a hitch.