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Employee
February 15, 2019
Question

Disaster relief on distributions

  • February 15, 2019
  • 1 reply
  • 0 views

Due to tax relief for victims of disaster I only paid taxes on 1/3 of my 2017 distribution. In 2018 I need to pay taxes on another 1/3 ... where and how do I enter the amount?

    1 reply

    Employee
    February 18, 2019

    To enter your information, go to the entry for 1099--R (Federal Taxes- Wages and Income- Retirement Income--> IRAs 401ks and pension.  The first question will ask Do you have any of these types of income?  Indicate Yes or No then you will be asked "Did you take a 2016 Qualified Disaster Distribution?"

     

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