Cares Act indicated distributions from retirement accounts could waive the 10% penalty and distributions taxation could be spread over 3 years (or repaid in 3 years). How do you effect the 3 year spread in ProSeries? I've looked throughout the 1099-R entry worksheets and can not find this selection/option.
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The 1099R worksheet should have a disaster section to choose Covid and then the 8915E will populate
8915E
The 1099R worksheet should have a disaster section to choose Covid and then the 8915E will populate
Thank you. I had checked the box for ROTH conversion which had blocked the disaster designation (created an error message when both are checked). Headed the right direction now.
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