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Cares Act year 3 2022 on Deluxe 8915-f

Hi, Can you tell me how to add my year 3 of the Cares act withdrawal?  I am using the deluxe desktop windows version and all the instructions I find are for the online version. 

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5 Replies
JamesG1
Expert Alumni

Cares Act year 3 2022 on Deluxe 8915-f

You are referring to IRS form 8915-F Qualified Disaster Retirement Plan Distributions and Repayments.

 

Forms availability says that the form will not be available until February 16.

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Cares Act year 3 2022 on Deluxe 8915-f

Can someone walk me through how to enter the 3rd year of cares act withdrawal? I was able to do it last 2 years but I cant figure it out with this years question template. Any help would be appreciated. Thanks.

 

I took 80k spread out over 3 years which should be 26667 per year

DianeW777
Expert Alumni

Cares Act year 3 2022 on Deluxe 8915-f

Yes. The third and final year has arrived to enter the remainder of your 'disaster distribution' of your retirement fund. Form 8915-F should be available today.

 

If you took a 2020 COVID distribution—and didn’t elect to pay tax on the entire amount—your 2022 tax return will include Form 8915-F, which reported the taxable amount for 2021 (one-third of the total amount of the 2020 distribution), and the amount to carried forward to 2022 (also one-third of the total amount).  See the article below for specific steps based on the type of retirement distribution you received a distribution from.

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Cares Act year 3 2022 on Deluxe 8915-f

 

I did and its not working.. When I get to the federal review it says

Screenshot 2023-03-09 121709.jpg

Cares Act year 3 2022 on Deluxe 8915-f

It keeps putting me in an endless loop and wont let me file my return.. please help!!

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