- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I am confused as to how to enter the second payment from a covid related distribution in 2020. Can you explain the procedure?
Best Answer Click here
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
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.
Don't yell at us; we're volunteers
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
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.
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
A whole bunch of the 8915s seem to be draft right now.
Regular:
2021 Draft:
Don't yell at us; we're volunteers
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
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.