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.
Best Answer Click here
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.
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.
Thank you for that!
Ian
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