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1099-R CORONA VIRUS DISTRIBUTION FORM 8915-E 2020

Forum|Forum|5 years ago
January 30, 2021
18 replies
35 views

Anyone know of when 8915-e will be available or the 1099-R will work for 2020 Corona disaster relief voiding the 10% early withdrawal penalty

ProSeries Professional

This topic has been closed for replies.

Best answer by qbteachmt

@TIMMBO

"cause I was chastised for for not using Pro Series resources, and believing."

Or: "The Peers that volunteer here gave me the bookmark link (it's in this topic), which saved me from having to google it, and pointed out I should monitor these things that matter to me in my profession, so that they don't have to keep looking it up for me."

This is not Intuit support, Customer support or Tech support. We only have the resources provided. We all believe them; what's your other choice? You paid for this, as I noted.

A

athaureaux6

Level 7

I think the 10% penalty will be waived when they update the 1099-R form, if you scroll down, they already have something that says disaster distributions and there a box to check Coranavirus related distribution, you can see an alert pops up when you check saying it is not updated yet. I am not sure when they will updated.

Just-Lisa-Now-

Intuit Community Champion

8915E is scheduled to be ready on 2/18 in ProSeries Professional.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

B

bhump

Level 2

how can they be releasing form on 02/18 when their isn't even a release date for the form on the irs website. Just a draft of the form was released on 02/02. Is that their guess on the 18th or does taxact know something no one else does?

qbteachmt

Level 15

You have all of this available to you through your program resources. You paid plenty for this:

https://proconnect.intuit.com/proseries/forms-finder/

https://proconnect.intuit.com/community/update-products/help/how-to-find-release-dates-for-forms-and...

Bookmark these resources. Use them often.

Don't yell at us; we're volunteers

T

TIMMBOAuthor

Level 4

Yes we do, but 8915 E is not on the release list. So I guess we just wait for 1099-r to update and not need the "e". Thanks

qbteachmt

Level 15

"but 8915 E is not on the release list."

Yes, it is. It's been there all week.

I use Ctl F, then select that the global option is to Highlight, then enter 8915. Not any specific letters.

Form 8915-E, Qualified 2020 Disaster Retirement Plan Distributions and Repayments (Taxpayer)

Final on 02/18/2021, EF Not Allowed

Don't yell at us; we're volunteers

O

ochoataxescpa

Level 2

Anybody know when this form will get updated the 8915E?

qbteachmt

Level 15

"Anybody know"

Well, the links are right above your reply to this topic. You have all of this available to you through your program resources. You paid plenty for this:

https://proconnect.intuit.com/proseries/forms-finder/

https://proconnect.intuit.com/community/update-products/help/how-to-find-release-dates-for-forms-and...

Bookmark these resources. Use them often.

Don't yell at us; we're volunteers