gosencpa1
Level 2
02-05-2022
02:29 PM
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I had a client who elected to spread the IRA over 3 years on the 2020 tax return. Proseries doesn't know to report the the 1/3 in 2021?
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skymax
Level 3
02-05-2022
03:05 PM
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Following. Same question. You would think it would roll the taxable income due right into 2021 but it doesnt seem to be.
IRonMaN
Level 15
02-05-2022
03:10 PM
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Form 8915F- but it ain't ready yet. And when it is ready, you will need to manually enter info from the 2020 return to make it work.
Slava Ukraini!
gosencpa1
Level 2
02-06-2022
02:22 PM
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Thank you. Do you think the program will know and prompt you to enter the information?
IRonMaN
Level 15
02-06-2022
02:24 PM
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Since you have to enter it manually, I doubt it.
Slava Ukraini!
Sweath604
Level 1
03-14-2023
01:18 PM
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Just where do we enter the 1/3 on the 8915-F.
gosencpa1
Level 2
03-14-2023
03:11 PM
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8915-WKS , check box b, and put the amount on line 2