I have a 1099-R that qualifies for the CARES Act exception to penalty and allows for tax to be paid over the three year period. However, I dont see the exception in the input nor an allocation for the tax to spread out over the three years.
On in the input screen for the 1099-R there is a section for form 8915. You need to enter the distribution amount that will be spread over 3 years in the box for "qualified disaster recovery distributions included in gross distribution" The 1099-R my client had was coded as an earlier distribution with exception so I did not have to address the penalty amount.
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