When will the 2021 8915-f form be available on Turbo Tax to efile?

[CarissaM]

It would be best to follow the instructions here to contact us by phone, so we can assist you with this. @JamesGardner911

[JRmamacat]

@JamesGardner911

I"m sorry that the Turbo Tax employee couldn't give you a REAL direct link to the actual instructions without filtering it through some sort of advertisement links.

Here it is in a nutshell.

Select the 1099-R option, when it asks "Did you receive a 1099-R" select NO

Then it will ask if you had one in a prior year, select YES then it will give you this screen that is attached.

Mark the box for COVID related draw.  Depending on the type of pension plan will determine if the numbers go in the upper section or the lower section depending on the 2020 return 8915-E lines. Enter the numbers on both lines in either the upper or the lower section as indicated in the attached image. then the $$$ will appear on the 1040 but not on the line in the step-by step process, but the "needs review" should go away.

[JRmamacat]

@CarissaM

Why couldn't your company have given real instructions from the beginning?  This year due to the lack of clarity and the extreme delay of the release of the 8915-F there has been so much damage to the user confidence in your product and even more damage by the people claiming to support this product that tell people to call the support line that takes even more time to speak to someone that claims they don't know what to tell the people calling. This has happened many times that I have personally seen posts about that very thing.

If you can't answer the question directly, what makes you an EXPERT?

I have posted this basic instruction advice multiple times because people don't have the time to read through the entire post log. That is how you help people, give them the simple answer.

[kenelschwartz]

Sorry if this has already been answered, but in TurboTax 2021, with regard to an early IRA withdrawal, the program only asks about 2019 and 2020 qualified disaster distributions, not 2021 qualified disaster distributions. Why is that? What am I missing?

[gman125]

Use 8915F for 2021! Tax Year 2021 and later, you will no longer use Form 8915-E. Instead use Form 8915-F.

[dmertz]

It appears that Congress has not yet elevated any 2021 disasters to the status of qualified disasters.

If you received a qualified disaster distribution in 2021 for a 2020 disaster, indicate that you received a 2020 disaster distribution.  See the instructions for 2021 Form 8915-F:  https://www.irs.gov/pub/irs-pdf/i8915f.pdf

[JRmamacat]

@@Kenelschwart

[JRmamacat]

@@Kenelschwartz

[JRmamacat]

Kenelschwartz As I recall the proper procedure was to visit the topic of pension payment received. Say NO to the year 2021 and then it will ask if you received funds from a 401k in 2019 or 2020 select YES if you did. Then it will allow you to enter the 1/3 amount (on 2 lines depending on the type of 401k). It has been a while since I looked at it.

[TS51]

I’m using the CD version and imported a 1099-R (Simple IRA distribution over 59 1/2, not spread out over 3 years, not for disaster, not for coronavirus).  After completing my tax input and in review, Turbo tax flags a 8915 which turbo tax generated filled in with incorrect data.  I can’t update it or delete it and therefore, can’t finish my taxes. Any recommendations.  

[DanaB27]

Please try these steps to delete the 8915 if you didn't take any disaster distribution in previous years:

1. Switch to Forms mode on the top
2. Scroll down and select "8915E wks"
3. Click "delete" and confirm the deletion
4. Switch to Step-by-Step and run the smart check again

@TS51 

[mimranbeig]

Select the 1099-R option, when it asks "Did you receive a 1099-R" select NO

Then it will ask if you had one in a prior year, select YES then it will give you this screen that is attached.

Mark the box for COVID related draw.  Depending on the type of pension plan will determine if the numbers go in the upper section or the lower section depending on the 2020 return 8915-E lines. Enter the numbers on both lines in either the upper or the lower section as indicated in the attached image. then the $$$ will appear on the 1040 but not on the line in the step-by step process, but the "needs review" should go away.

I followed all the steps listed above but still get an "you will need to revisit" at the end. What am i doing incorrectly. Please see the screen shots attached. 

[TS51]

I’m 71 and have been using Turbo Tax for as long as it has been available.  This was the worst year ever!  

I finally (total 7 frustrating hours after my taxes were done) figured out how to get the 8915-F error away.  
1. I deleted 1099-R  (retirement distribution NOT due to a disaster or COVID). 
2. I created a 1099-R  and manually inputted the data. 
3.  I still got the error for review of 8915-F ( a form that Turbo automated generated) and in review mode Turbo will NOT let you modify it.

4. I looked line by line in forms and found another form that Turbo Tax automatically generated. I think it was 8912.   That’s the form you can modify.  Uncheck disaster related boxes.  Save. 
5. Go to review Federal taxes. Make sure the question asking if you had a disaster related to COVID is NO.  

6.  The error for 8915-F is now gone.  

[TS51]

After numerous attempts this did not work for me.  In forms mode, I found another form that Turbo Tax automatically generated and in review mode, it let me uncheck disaster or COVID related.  I saved it and finally the 8915F error went away.  I’m sorry but I’m frustration I forgot the form number it may have 8912. 
I’ve been using Turbo tax for many years and this was by far the worst year!  

[DanaB27]

To verify, did you elect to not have the 2020 Covid distribution spread over 3 years (since you entered $0)?

If you didn't spread the amount over 3 years then you can delete the "Qualified 2020 Disaster Retirement Distr" (TurboTax Online) or 8915E Wks (TurboTax Desktop). Then select "no" to the disaster distribution questions.

In TurboTax Online:

1. In the left menu, select "Tax Tools" and then "Tools".
2. In the pop-up window Tool Center, select "Delete a form".
3. Select "Delete" next to "Qualified 2020 Disaster Retirement Distr" and follow the instructions.

In TurboTax Desktop:

1. Switch to Forms mode on the top
2. Scroll down and select "8915E wks"
3. Click "delete" and confirm the deletion
4. Switch to Step-by-Step

Please be aware, if you spread the amount over 3 years then enter 1/3 of the amount on lines 12 and 13 (for other than IRA) or lines 23 and 24 (for IRAs).

If you verified that your entries are correct then you can ignore the message to revisit the retirement section after the "Did you take a disaster distribution between 2018 and 2020?" question.

@mimranbeig