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New Member
posted Jan 14, 2021 2:29:25 PM

When is your sysyem going to recognize the covid cares act that covers penalty forgiveness for 1099R?

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1 Best answer
Level 1
Jan 14, 2021 7:54:26 PM

I saw that the H&R Block platform has an expected date of 2/21 or 2/28 for the 8915-E to be available.  They say that's what has been communicated from IRS.  Turbotax just states "try back later" which it unsettling at the least. 

2 Replies
Expert Alumni
Jan 14, 2021 3:00:51 PM

The coronavirus-related relief measures for retirement plan distributions have to be reported on form 8915-E which has not yet been finalized by the IRS.

 

TurboTax will update this section shortly after the IRS releases the final version of form 8915-E and its instructions.

Level 1
Jan 14, 2021 7:54:26 PM

I saw that the H&R Block platform has an expected date of 2/21 or 2/28 for the 8915-E to be available.  They say that's what has been communicated from IRS.  Turbotax just states "try back later" which it unsettling at the least.