Jamierac
Level 4
01-14-2022
06:49 AM
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Should not need a 1099R if this carryover via transfer from 2020. This is where Proseries fails in my opinion. This type of situation that will be occurring often needs to be put out in an alert such as, "form 8915F not present and will be needed to carryover the 3 year spread and/or any payback that may occur". This was similar to what happened last year with the 8915E as well as the NYC 1127 last year. Their messaging is not the best in regards to these situations.