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February 7, 2021
Question

Retirement income

  • February 7, 2021
  • 1 reply
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When logging back on to continue filling out the forms I get the message that there are updated and 8 minutes to complete the updates to the software.  But after several seconds that message goes away without any updating taking place.  Then when I try to input data for retirement income a message tells me that I can not input data into this topic due to federal tax data still tbd.

    1 reply

    February 7, 2021

    It sounds like your tax return may fall under some tax relief provisions issued by the IRS under the Cares act.

     

    Cares Act tax relief related to Retirement Plans

     

    If so, the IRS has not yet released Form 8915-E, Qualified 2020 Disaster Retirement Plan Distributions and Repayments.

     

    Please see the link below for more information on the release date for this form.  Once it is released, you will be able to proceed to update your program and file your returns.

     

    1099-R release updates

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