How do I add form 8915E?

Forum|Forum|5 years ago
February 16, 2021
2 replies
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Form 8915E was released. How do I add it when filing my taxes?

TurboTax Live Deluxe Online

macuser_22

Alumni - Champ

The TurboTax 8915-E should be available on Feb. 24 (pending IRS approval by then).

The IRS just finalized the form on Feb 11. TurboTax must now submit their 8915-E software to the IRS for testing to be sure that both TurboTax and the IRS e-file computer are comparable. That process usually takes the IRS 2-3 weeks for approval to release the new form to the public.

See below for a link to sign up for an email when the form is ready.

This form is necessary to report COVID related distributions from IRA's and other retirement plans to report the distribution, pay it back over 3 years or spread the tax over 3 years.

A COVID-19 related distribution is reported on a new 8915-E form.

See this TurboTax FAQ to sign up for an e-mail when the form is ready.
https://ttlc.intuit.com/community/tax-topics/help/why-am-i-getting-getting-a-10-penalty-on-my-1099-r-when-i-withdrew-fund-during-covid-form-8915-e/01/1842324

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

Btasion

Level 2

The draft was available in January!!! They should of worked out the bugs then!!! That is the purpose of the draft form. NOTHING CHANGED FROM THE DRAFT TO THE FINAL VERSION.

DoninGA

Level 15

@Btasion wrote:

The draft was available in January!!! They should of worked out the bugs then!!! That is the purpose of the draft form. NOTHING CHANGED FROM THE DRAFT TO THE FINAL VERSION.

Form 8915-E, Qualified 2020 Disaster Retirement Plan Distributions and Repayments is scheduled to be available in TurboTax on 02/25/2021

spodaras10

Level 2

How do I add form 8915E? Currently using Premier 2020

macuser_22

Alumni - Champ

Just enter your 1099-R and answer the COVID questions.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**