Form 1099-R Qualified Disaster Check box gives error code

Forum|Forum|6 years ago
May 10, 2020
6 replies
38 views

I have a client that received a distribution from an IRA, with Code 7 in box 7. They live in a Disaster area and what to only pay tax on this over 3 years, but the Form 1099 R worksheet will not update when I check the Qualified Disaster check boxes? I have tried this since late February and have updated the software regularly, but still get this error message: "The Qualified Disaster check box - You are unable to file at this time because we have not had time to update the program for recent tax legislation that Congress passed for Qualified Disaster distributions. This may be to the taxpayer's benefit..."

And the taxable amount will NOT change on the front of Form 1040, to the amount needed for the disaster qualified amount?

ProSeries Basic

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BobKamman

Level 15

What year is the return? The latest I can find is that this applies to 2018 and earlier years.

https://www.irs.gov/retirement-plans/disaster-relief-bill-includes-retirement-plan-distribution-and-loan-options

B

BruceG

Level 2

I am getting the same message. My client has a distribution as the result of the disaster in 2019. Not wanting to spread it over three years yet the program gives an error that Intuit hasn't had time to update the program. Been getting this message for over two months. What gives here? Are you not actually going to update the software. What do I tell my client?

Please advise ASAP

Thanks,

Bruce G.

BobKamman

Level 15

I'm still trying to find where it applies to years after 2018.

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