Qualified 2020 disaster distributions from retirement plans

[AnhNgoc]

Hi,

I have a question about Qualified 2020 disaster distributions from retirement plans with electing to spread the taxable amount over 3 years not automatic transfer to tax 2021. Do we have to  re-input form 1099-R from 2020 or wait for Pro Series update the software?

Best regards,

Trung Nguyen

[Just-Lisa-Now- · Accepted solution]

You wouldnt enter the 2020 1099R in the 2021 program. We have to wait for the 8915F to become available to report this years 1/3 of the distribution.

[AnhNgoc]

Thank you Lisa!

[KRIS1]

Will the information automatically populate from last year's return?  There is no way we can remember if someone took the three-year option and I doubt many clients will remind us.