rgimena
Level 3
03-06-2022
11:05 AM
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Everyday I'm updating my ProSeries to check if form 8915-F is already available. It's still not, as of today 3/6/21. I have several clients who had taken coronavirus related distribution from their 401Ks or IRAs in 2020 and chose to spread out the taxable income over three years. Until now I couldn't complete their tax returns because the required form 8915-F has not been added. Now they are complaining, especially those who want to repay what's owed in 2021 and/or those who would still get refunds despite the distribution. IRS had already finalized the form two or three weeks ago. I heard tax pros who use Drake software are already able to transmit returns with this form. What's keeping ProSeries and Intuit? Please advise.
Thank you