Regular taxable amount of a 1099-R distribution not being entered on Form 1040, line 5b, after filling in Form 8915-E for a coronavirus distribution.
This discussion has been locked. No new contributions can be made. You may start a new discussion here
You have to mark the 1099-R Worksheet that there is a disaster related distribution.
After proseries pro generate 8515 E, I entered the whole IRA distribution amount on line 10 part II. If the client want to repay the whole amount before 4/15/21. Then the whole amount won't be taxed in 2020 tax return, Is that correct?
Not sure how to ask this question, so entered as reply here, sorry
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.