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Level 3
April 13, 2022
Solved

CVD IRA distribution - year 2 tax

  • April 13, 2022
  • 1 reply
  • 11 views

I am trying to figure out how to report the 2nd year of the 3 year income spread from an IRA distribution that was a 2020 Coronavirus related distribution.  Can anyone help?

 

Thank in advance.

This topic has been closed for replies.
Best answer by Just-Lisa-Now-

Open the 8915E, mark the 2020 Covid box at the top, then scroll down to Line 12 (non IRA) or Line26 (IRA) and enter the 1/3 payment amount.  That will transfer it to the 8915F and the front page of the 1040 where it goes.

1 reply

Just-Lisa-Now-
Intuit Community Champion
April 13, 2022

Open the 8915E, mark the 2020 Covid box at the top, then scroll down to Line 12 (non IRA) or Line26 (IRA) and enter the 1/3 payment amount.  That will transfer it to the 8915F and the front page of the 1040 where it goes.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
IHCPAAuthor
Level 3
April 15, 2022

Thank you for that!

 

Ian