Why is TurboTax still showing a COVID 401k distribution for 2023?

Forum|Forum|2 years ago
January 23, 2024
2 replies
0 views

TurboTax is still showing a third of the 2020 401k distribution as 2023 income. 2022 was the last year this was applicable. I've tried the other recommendations to manually go in and delete 8915/1099-R forms. I even started over from scratch, but it's still showing up in my 2023 income. How do i remove this?

TurboTax Premier Online

Best answer by DoninGA

The Form 8915-F Worksheet and the Form 8915-F along with the Form 1099-R were transferred from the 2022 tax return and need to be deleted. There may also be a "Qualified Disaster Retirement Plan Distributions" and/or a "2020 Disaster Distribution" form listed that has to be deleted.

Click on Tax Tools on the left side of the online program screen

Click on Tools

Click on Delete a form

DoninGAAnswer

Employee

Click on Tax Tools on the left side of the online program screen

Click on Tools

Click on Delete a form

drthamesAuthor

I wasn't seeing that there was also the "Qualified Disaster" form in there as well. That fixed it, thanks!!

DoninGA

Employee

@drthames

If you have reviewed your forms list and removed all instances of the Form 8915, Form 1099-R and all worksheets associated with the distribution and you still have this problem, clear your tax return and start over.

As soon as you start over, before entering any information, go directly to Delete a form and remove the forms and worksheets and see if that corrects the problem.

If you have not paid for the online edition you are using, have not filed your tax return or registered the Free edition, then you can clear your return and start over. Click on Tax Tools on the left side of the program screen while working on the 2023 online tax return. Click on Clear & Start Over.

Leigh Ann82

I’m having the same issues. I already paid these taxes with last year being the final year of it. There is no way to delete anything on the app, is this something I need to do from the actual website?

DoninGA

Employee

@Leigh Ann82 wrote:

I’m having the same issues. I already paid these taxes with last year being the final year of it. There is no way to delete anything on the app, is this something I need to do from the actual website?

If you are using the TurboTax desktop CD/Download editions installed on your personal computer, click on Forms.

When in Forms mode locate these forms on the left side of the screen. Click on the form to open each one and at the bottom of the screen click on Delete Form

If you are using the TurboTax online editions -

Click on Tax Tools on the left side of the online program screen

Click on Tools

Click on Delete a form

mandleyj

Same problem here. I'm using the online service. I've followed your instructions three times now (deleting forms, starting over), and it still wants to include 1099-R and Qualified Disaster Retirement Plan Distributions and 2020 Disaster Distribution for 2023. Like others, I paid the last of these taxes last year. I'm married, filing jointly. Is there any way I could start completely over so that it doesn't bring in any information from the last three years?