In the "Retirement Income" topic when entering the Forms1099-R, if you meet the qualifications below, you will select the box "I took this money out for a qualified disaster (includes COVID-19)" in the follow on questions. There you will be able to enter payback information.
Currently the Forms 8915 for this situation have not been approved. The estimated implementation is 2/18/2021. Here is a link to monitor for forms updates in TurboTax.
The distribution was made to a qualified individual. A qualified individual meets at least one of the following characteristics:
- You, your spouse, and/or dependent was diagnosed with the virus SARS-CoV-2 or with coronavirus disease 2019 (collectively referred to as coronavirus) by a CDC-approved test
- You, your spouse, and/or a member of your household (anyone who shares your main home) experience unfavorable financial consequences as a result of one of the following occurring due to coronavirus:
- Begin quarantined, furloughed, laid-off or experiencing a reduction in work hours
- Unable to work due to lack of childcare,
- Closed or reduced hours of a business you owned or operated,
- Reduced pay or self-employment income
- Job offer rescinded, or
- Job start date delayed
[edited 2/3/2021 11:31am]
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