sandytax
Level 2
‎02-19-2021 08:57 PM

I am trying to prepare the Federal Form 8915-E Qualified 2020 Disaster Retirement Plan Distributions and Repayments Form which is to be used for Coronavirus-related and Other Qualified 2020 Disaster Distributions.  This form eliminates the 10% penalty.  

The form is not showing up in the "Where do I enter" box.

Can someone help.  Or should I assume that it simply isn't available or final as yet?

I think I may go mad before this tax season is over!!

Sandy Miller

 

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IRonMaN
Level 15
‎02-19-2021 08:59 PM

Try again on 2/25 - after the form is ready.


Slava Ukraini!

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Just-Lisa-Now-
Level 15
Level 15
‎02-19-2021 09:00 PM

Its not ready yet, the release dates page shows 2/25

https://myproconnect.intuit.com/releasedates


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
sandytax
Level 2
‎02-21-2021 09:09 AM

Thanks a lot for the info.  I was going crazy trying to find the form.  I'll check for it after the 25th.  This forum is a huge help- wasn't aware this existed before.  Thanks again.

 

qbteachmt
Level 15
‎02-21-2021 12:50 PM

"This form eliminates the 10% penalty"

Form 5329 is for the early distribution penalty.

Form 8915-E is the "take the taxable income all this year, or spread it over three years."

There might need to be one for Taxpayer and one for Spouse.

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