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3 Year Pension/IRA payback

aandacpa
Level 1

Last Year 2020 any covid related 1099R could be spread over 3 years. The 2nd year amount is not rolling forward to 2021

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3 Comments 3
IRonMaN
Level 15

It won't.  You need to manually roll it over once form 8915F is ready in a couple of weeks.


Slava Ukraini!
aandacpa
Level 1

System should bring that forward - this will be missed if not close attention paid and awareness of the preparer and client

So Proseries if you read this stuff, this should be an automatic roll forward item

 

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IRonMaN
Level 15

That's why they pay us the big bucks ------- to pay attention.


Slava Ukraini!
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