I paid tax on 10K of the 30K I removed. I should pay tax on 10K this year and the final 10K next year. Turbo tax says 1/3rd of 30K is 20K. I can change the 1099R taxable amount to 10K but I don't think this is correct or legal
what 1099-R?
there is no 1099-R for the second or third part of you covid distribution.
you're not entering the numbers correctly.
I have my 2020 1099R (1)Gross distribution 30K 2a taxable 30K
I see your point, I deleted the 2020 1099R data, It asked for my 2020 8915E information. Everything looks good, Thanks
you need to find the disaster distribution section (Form 8915-F)
It will not ask you about your 1099-R. It will ask you about the taxable amount on your 2020 tax return ( $10,000 ).
That is what it did, and those are the questions it asked. My overview screen shows my w2 income, my investment/savings income but only shows my Air Force pension in the 401K pension plan withdraws, The 10K does not show as income that I can see.