topic How/where do I record the info related to 3rd year payment of taxes allowed by a 2017 Disaster Relief Distribution? in Deductions & credits

How/where do I record the info related to 3rd year payment of taxes allowed by a 2017 Disaster Relief Distribution?

glassnut — Mon, 22 Mar 2021 13:59:01 GMT

I am on Year 3 of the repayment but the software does not prompt for this info nor produce the required 8915-B form.

Re: How/where do I record the info related to 3rd year payment of taxes allowed by a 2017 Disaste...

KathrynG3 — Mon, 22 Mar 2021 14:33:20 GMT

If this tax relief was from being affected by Hurricanes Harvey, Irma, or Maria, and if you took a loan or a hardship distribution from your retirement plan to cover disaster-related expenses, you must contact your plan administrator.

For directions about the 3rd year payment of taxes allowed by a 2017 Disaster Relief Distribution, see: I live in a federally declared disaster area, what does that mean for my taxes?

Form 8915-B, Qualified 2017 Disaster Retirement Plan Distributions & Repayments is not yet available. For the most recent updates for this form availability, see: IRS forms availability table for TurboTax individual (personal) tax products.

Re: How/where do I record the info related to 3rd year payment of taxes allowed by a 2017 Disaster Relief Distribution?

Sweedy64 — Mon, 26 Apr 2021 23:17:50 GMT

The link they provided did not answer this question. How do you enter the 1/3 income if you declared the disaster for 2017 on 2018 taxes and need to add it to 2019 and 2020?

Re: How/where do I record the info related to 3rd year payment of taxes allowed by a 2017 Disaste...

DawnC — Mon, 26 Apr 2021 23:38:41 GMT

You can do that in the Retirement Income section (for the 2020 return). @Sweedy64

You would need to amend your 2019 return if you have already filed it. If you have not filed the 2019 return, you will need the desktop software to file as the online software is only applicable to tax year 2020.

Search for 1099-R in TurboTax, even if you don't have a 1099-R. Use the Jump to 1099-R to be taken to the retirement income section. On the Did you have any of these types of income in 2020? question, answer NO. The next questions will ask you about 2016, 2017, and then 2018/2019 distributions. Answer YES to the Did you take a disaster distribution in 2018 or 2019?

This will trigger Form 8915-C. The form is scheduled to be ready in TurboTax on 04/29. Federal Individual Form Availability