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March 28, 2022
Question

Does anyone know how to add Form 8915F to their tax return? I file 8915E in 2020 and it provided an amont to include in 2021 but I don't see the form to use or how to

  • March 28, 2022
  • 1 reply
  • 0 views
I get an error if I try to add the carry over to 1040. Do you have to enter the 1099s again in order to get the 8915F form to activate? This is so annoying. I can't get any direct help from Turbotax because it just tries to see me the product I already have - bad service!

1 reply

DoninGA
Employee
March 28, 2022

You must go to the Retirement Income section of the program for a Form 1099-R to be able to enter your 2nd year of the 2020 distribution -

Click on Federal

Click on Wages & Income

Scroll down to Retirement Plans and Social Security

On IRA, 401(k), Pension Plan Withdrawals (1099-R), click on the Start or Revisit button

On the screen Did you get a 1099-R in 2021? Click on NO, if you did not receive a 2021 Form 1099-R

 

If you had a Covid-19 related distribution in 2020 and selected to spread the distribution over 3 years -

 

Answer Yes when asked Have you ever taken a disaster distribution before 2021?

Answer Yes when asked if you took a Qualified 2020 Disaster Distribution

Check the box that this was a Coronavirus-related distribution reported in 2020

 

In the box 2020 Form 8915-E, line 4, column b - Enter a 0

 

If the 2020 distribution was from an account that was Not an IRA

2020 Form 8915E Line 9 - Enter 1/3 of the amount from the 2020 distribution in both boxes for Line 9

If the 2020 distribution was from an IRA account

2020 Form 8915E Line 17 -  Enter 1/3 of the amount from the 2020 distribution in both boxes for Line 17

 

Do not enter anything in the other boxes, leave them blank (empty)

 

The 1/3 of the amount from the 2020 distribution will be entered on the 2021 Form 1040 Line 4b if from an IRA or on Line 5b if from a retirement plan other than an IRA

 

You can view your Form 1040 at any time using the online editions. Click on Tax Tools on the left side of the online program screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

Bec3aAuthor
March 28, 2022

Thank you!!! This was great help that for some unknown reason was not showing up in turbotax until now. Intuit site in general is useless as are the bots, so I really appreciate this answer.