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chefpc03
January 27, 2021
Question

Is the TurboTax System currently up to date for COVID Retirement Distribution Tax Breaks?

  • January 27, 2021
  • 1 reply
  • 0 views
I'm being told to revisit this area as the IRS Instructions were not provided to include in this release but it doesn't state when the system will be up to date.

1 reply

M
MinhT1
January 27, 2021

The Coronavirus-related relief measures for retirement plan distributions have to be reported on form 8915-E which has not yet been finalized by the IRS. No date has been given by the IRS for the finalization of this document.

 

TurboTax will update this section after the IRS releases the final version of form 8915-E and its instructions. Please revisit this section at a later date.

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