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Level 1
posted Feb 28, 2022 11:39:59 AM

where in Turbo Tax can you report your second year of income avg (3 years) for Covid Distribution?

I know with the selection of 3 year averaging. I need to report the distribution (1/3-2020, 1/3-2021, & 1/3-2022) but where in Turbo tax can I input that information I do not have a 1099R for anything other than the first year (2020).

 

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1 Replies
Expert Alumni
Feb 28, 2022 1:17:11 PM

You will not get another form 1099-R this year.

 

You will report the second taxable portion of your 2020 coronavirus distribution in the Retirement section under Wages and Income of TurboTax.

 

However, this section will only be available around March 31, 2022 and you'll need to revisit this section later.

 

Please see this TurboTax Help topic on IRS forms availability dates.