Question

401/ covid emergency withdrawal

Forum|Forum|4 years ago
February 13, 2022
1 reply
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When will Intuit include the ability to split an emergency covid 19 401/k distribution in their product? Currently, it will not account for the ability to spread the distribution over a 3 year period.

M

MinhT1

You will report the second taxable portion of your 2020 coronavirus distribution in the Retirement section under Wages and Income of TurboTax.

However, this section is not yet ready as the IRS has not yet issued instructions for form 8915-F and you'll need to revisit this section later.

Please read this TurboTax Help topic on form 8915-F.

At this time, we do not know when the IRS will finalize form 8915-F as it is still in draft form as of February 2, 2022.

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