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Level 3
March 19, 2022
Question

2020 Coronavirus-related Distribution

  • March 19, 2022
  • 1 reply
  • 5 views

Good Evening,

Have a Client who withdrew from their 401k in 2020 and at Tax filing elected to split it into the 3 years.  Would the 2nd of 3 amount be reporten on the 1099-R worksheet? 

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1 reply

abctax55
Level 15
March 19, 2022

If you search for 8915-F, there are at LEAST 5 bazillion threads on this issue.

Cliff notes version - PS doesn't have the form ready yet.

https://proconnect.intuit.com/community/forums/searchpage/tab/message?advanced=false&allow_punctuation=false&filter=location&location=forum-board%3A203&q=8915-F

HumanKind... Be Both
dkh
Level 15
March 19, 2022

Is that Cliff Claven notes - you know Norm's buddy.

IRonMaN
Level 15
March 19, 2022

Did he finally retire from the Post Office?

Slava Ukraini!