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New Member
posted Feb 12, 2021 6:15:25 AM

Since TurboTax won't have form 8915-E available until Feb 24th will the early file discount be extended?

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1 Replies
Expert Alumni
Feb 14, 2021 5:42:31 PM

One way to lock in your current TurboTax rate is to pay for your return now.   You can check on your fees by:

  • In the left margin select "Tax Tools"
  • Then "Tools"
  • Then "My Fees"

To pay your fees now, In the right margin select "File" then "Review my order"

 

The other option is to contact customer support if your pricing increases due to the 8915-E.  The best and most efficient way for you to connect with the right person to get the help.  We're open daily from 5:00 AM to 9:00 PM PT.
Click here to get you the help you need.

 

The 8915-E will be used for penalty relief from early retirement plan distributions and include the option to spread the distribution income over 3 years.  This may be a good option is the distribution is pushing you into a higher marginal tax bracket.  You may end up paying less tax if you spread the distribution over the 3 years