How are you entering income from 1099-R Distribution with Code 1 when taxpayer wants to claim over 3 years and no 10% penalty due to Covid-19 related distribution? Thanks

Mark940 · ‎02-07-2021

How are you entering income from 1099-R Distribution with Code 1 when taxpayer wants to claim over 3 years and no 10% penalty due to Covid-19 related distribution?

Thanks,

Mark

qbteachmt · ‎02-07-2021

For the 1099-R you indicate this is a Disaster withdrawal, and you will use Form 8915-E when it becomes available in the program.

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itonewbie · ‎02-07-2021

Look for Screen 13.1 under Form 8915. The last I checked earlier this week, F.8915-E can only be viewed as a reference copy but not finalized.

Since the form can't be e-filed, you'd need to attach it as a PDF; F.8915E is already listed in the dropdown for forms to attach.

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