Thank you for your information Lisa. I appreciate it!

Where do you even click the option to treat as a covid distribution in ProSeries? I'm just not seeing it.

 

Thanks

It is in the 1099-R worksheet. Scroll a quarter of the way down until you see the box area that says "Qualified Disaster Distribution Smart Worksheet." The 4th box down says 2020 Coronavirus related distribution.

I also read that when it is approved you won't be able to e-file it but will need to attach it as a pdf. I think that was at the irs draft site but not positive and don't have time to look right now. Anyone else know about that?

I think you are referring to the 8915E? I would imagine that will be a part of the return within proseries. Hopefully nothing further to attach since the program should contain the form.

The 8915-E is now available on IRS.gov

Is there a reason the Qualified Disaster Distribution Smart Worksheet still shows an error when I check the "2020 Coronavirus-related Distribution" box?

Will there be functionality available in ProSeries to spread the 1099-R distrubution over the three years, or will we have to do it manually?

 

It WILL have to be attached as a PDF its not an Efilable form, IRS Schema doesnt allow for it to be processed electronically, the figures should flow to the 1040, then youd attach the actual form as a PDF. (at least this we've been told of how it will work)

Intuit recently shows both the T and S would be e-filed for 8915-E. It should be released tomorrow.