No,you do not need to make other arrangements. Great news! The IRS created new Form 8915-F to replace Form 8915-E. This form will be used for anyone who chose to take a distribution from their retirement and spread the taxable amount over three years.
It was recently (approximately 10 days) taken out of draft and finalized. TurboTax has an available date of March 31, 2022. Continue to check the availability date by using the link provided.
When entering your 1099-R in TurboTax CD/Download, you’ll be asked Was this withdraw due to Covid-19? On the next screen, it should ask you Did you test positive for the coronavirus in 2020? However, some users are reporting they aren’t being asked that second question.
We’re working to resolve this issue. If you’d like to receive progress status updates, sign up here.