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borinquenfs
Level 3
February 19, 2021
Question

10% Penalty On Early Distribution

After reading a number of threads on this topic I understood that the Proseries Software would be updated with the correction on 02/18/21.  I updated my software this morning and the 1099-R was not updated.  When will this be corrected?

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5 replies

KRIS1
Level 3
February 19, 2021

Agreed...where is the 8915-E?  We have know about this exception to the penalty since last summer.  My colleague has Drake and then have access to the form.  No excuses, ProSeries...this is BAD! 

Just-Lisa-Now-
Just-Lisa-Now-Intuit Community Champion
Intuit Community Champion
February 19, 2021

8915E is scheduled for 2/25

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
borinquenfsAuthor
Level 3
February 21, 2021

Let's hope..4 Clients now waiting and constantly calling....We pay lots $,$$$.$$ for this software.  It is not cheap and we should expect nothing but excellent service from Intuit..

qbteachmt
qbteachmt
Level 15
February 19, 2021

It was scheduled for 2/18 as not able to be e-filed; now it is marked for 2/25 and able to be e-filed. Things often get better when you wait a bit.

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