DannyA
Level 2

If you think the client is likely to return the early distribution, you may elect to NOT return it equally within the 3 years.  Consider that as of today, 1/31/21, ProSeries 2021 doesn't have the 1099-R entries ready for form 8915E.  This error currently appears once you remove the red error "X" in the 2020 Coronavirus exclusion box.

"Coronavirus dist - You are unable to file at this time because because we have not had time to update the program for recent tax legislation that Congress has passed for 2020 Qualified disaster or Coronavirus related distributions. This may be to the taxpayer's benefit.."

Sit tight, this looks like it's not updated but should be up and running soon. Keep updating your software.

 

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