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See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
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- Re: 3 Year Pension/IRA payback
3 Year Pension/IRA payback
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aandacpa
Level 1
03-10-2022
03:16 PM
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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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aandacpa
Level 1
03-12-2022
10:46 AM
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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
IRonMaN
Level 15
03-12-2022
10:49 AM
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That's why they pay us the big bucks ------- to pay attention.
Slava Ukraini!
