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Level 3
February 5, 2021
Question

401 K early withdraw for Covid-19 and spread in 2020,2021 and 2022

  • February 5, 2021
  • 6 replies
  • 34 views

Any one know where in ProSeries professional allow to spread 401k early withdraw in 2020, 2021 and 2022. As of today I did not find anywhere. May be I am wrong. Or Do I need just manually total withdraw divided by 3 and show per year?

 

 

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6 replies

dascpa
Level 11
February 5, 2021

We were told 02/18/21 the form should be ready.

itonewbie
Level 15
February 5, 2021

That's reported on F.8915-E, which hasn't been finalized.  According to Intuit, you will need to attach the form, which you can prepare within PS, as a PDF before e-filing.

https://proconnect.intuit.com/community/retirement-tax-credits-and-deductions/help/generating-form-8915-e-in-proseries/00/121289

---------------------------------------------------------------------------------Still an AllStar
Level 2
March 1, 2021

How sure are you about having to pdf print that forms and filing it as an attachment?

This post by proseries doesn't say anything about that.

https://proconnect.intuit.com/community/retirement-tax-credits-and-deductions/help/generating-form-8915-e-in-proseries/00/121289

qbteachmt
Level 15
March 1, 2021

"How sure are you about having to pdf print that forms and filing it as an attachment?"

This topic is from Last Month.

Intuit and the IRS now have the form available and for e-file.

Things change, when you wait a bit.

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