Skip to main content
Level 4
January 25, 2022
Solved

2020 Form 8915 Income Not Rolling Over to 2021

  • January 25, 2022
  • 4 replies
  • 16 views

In 2020, I used form 8915-E t spread the Covid distribution income over 3 years.  Rolled over client to 2021 who used this form in 2020 and no income rolls over to 2021.  No form and no income rolls over.  Anyone know about this?  Any idea what's going on?  Seems straight forward that the other 2/3 income should roll to 2021.

This topic has been closed for replies.
Best answer by qbteachmt

Right now, Form 8915-F is scheduled by Intuit to be in the programs March 17, 2022.

The gory details can be seen in this topic:

https://proconnect.intuit.com/community/proseries-tax-discussions/discussion/re-form-8915f/01/190172...

4 replies

IRonMaN
Level 15
January 25, 2022

8915F - Coming soon to a theater, I mean tax return, near you in mid March.

Slava Ukraini!
Level 10
January 25, 2022

IRonMaN   what;s the counter at on this one? 

IRonMaN
Level 15
January 25, 2022

666,667

Slava Ukraini!
qbteachmt
qbteachmtAnswer
Level 15
January 25, 2022

Right now, Form 8915-F is scheduled by Intuit to be in the programs March 17, 2022.

The gory details can be seen in this topic:

https://proconnect.intuit.com/community/proseries-tax-discussions/discussion/re-form-8915f/01/190172...

Don't yell at us; we're volunteers
Level 4
January 25, 2022

Not looking for 8915-F.  Looking for Proseries to rollover the balance of amount owed from 2020 8915-E.  

IRonMaN
Level 15
January 25, 2022

That would be version F.

Slava Ukraini!
Level 4
January 25, 2022

It is a great question and I just got off the phone with via chat with Victory in Tier 11 support and was informed that Intuit Pro Series Professional the software will not carryover the information. 

Intuit has decided to force all of us out here to input the information directly on schedule 1 other income.

 

qbteachmt
Level 15
January 26, 2022

"Intuit has decided to force all of us out here to input the information directly on schedule 1 other income."

If it is anything like previous years, the form will be there. Efiling programs have two options: to send it as pdf attachment or to send the data using the "alternative" method (which is the data as a stream, not a form with a stylesheet). And that means the program accommodates data input, such as, a 1099-R worksheet with the provision to include carry-over info.

Not providing for efile for this form is in the IRS's schema. Intuit has not got an option, if the IRS doesn't provide it. Here is what the IRS released:

"Form 8915-F, Qualified Disaster Retirement Plan Distributions and Repayments was not developed in XML for TY2021 as expected. Software developers who cannot attach a PDF binary attachment can use a 'GeneralDependencyMedium'."

"Schema will be developed for Tax year 2022/Processing Year 2023"

"Dependency may be updated at a later date."

Entered: 12/9/2021

Don't yell at us; we're volunteers
February 3, 2022

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. 

Level 4
February 3, 2022

Once again you answers are completely vague and a cop Out....

Intuit not handling the carryover is a complete failure in your commitment to your "valued customers" ...

There must be something new in the management and customer service over there. IN the past  a draft copy with "not ready to file" would have been set up.. it appears that the experienced software engineers are no longer working with Intuit as your failures in the software continue to escalate. 

ONCE AGAIN YOUR ANSWER IS NOT AN ANSWER BUT A WORTHLESS EXCUSE ON INTUIT PROSERIES COMPLETE AND TOTAL FAILURE TO KEEP THIS SOFTWARE UP TO DATE. INTUIT USED TO BE A LEADER, "LETS JUST BLAME IT ON THE IRS"... WE KNOW THE FORMS WILL BE LATE FROM THE GOVERNMENT!!!  

INTUIT SHOULD HAVE TAKEN THE LEAD AND AT THE VERY LEAST CARRIED OVER THE LAST YEAR INFORMATION INTO THIS YEARS PROGRAM... AFTER ALL THAT IS WHY WE PAY YOU THE BIG BUCKS..... 

REALLY ... THE IRS HASN'T TOLD YOU WHAT TO DO.. IS THAT REALLY INTUITS "PROSERIES PROFESSIONAL" STANCE...... 

 

 

IRonMaN
Level 15
February 3, 2022

If they create the form, what's the big deal if you have to manually load in the starting point?  It's not like it is going to take a three hour calculation to get there.  I'm guessing they are making you do it manually since most folks will have the clients transferred over long before the form is ready and the information wouldn't be there for those folks.

Slava Ukraini!