ykbce
Level 3

I am confused as to how to enter the second payment from a covid related distribution in 2020.  Can you explain the procedure?  

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qbteachmt
Level 15

Second Payment? Did you mean, the carry-over taxable income amount? Or, a repayment?

And which software are you using for this client's return? For one thing, that form isn't ready per the IRS, so the program(s) are not ready, either.

 

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ykbce
Level 3

I am talking about the carryover amount and I am using ProSeries Basic.  I could not find any information on the form but I thank you for your answer.

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BobKamman
Level 15
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qbteachmt
Level 15
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Anonymous
Not applicable

For the latest on 8915 please take a look at this article: Generating Form 8915 in ProSeries
The article will be updated if we have new information. 

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