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2020 Coronavirus-related Distribution

SoCal920
Level 2

Good Evening,

Have a Client who withdrew from their 401k in 2020 and at Tax filing elected to split it into the 3 years.  Would the 2nd of 3 amount be reporten on the 1099-R worksheet? 

0 Cheers
3 Comments 3
abctax55
Level 15

If you search for 8915-F, there are at LEAST 5 bazillion threads on this issue.

Cliff notes version - PS doesn't have the form ready yet.

https://proconnect.intuit.com/community/forums/searchpage/tab/message?advanced=false&allow_punctuati...

"*******Tax software is no substitute for a professional tax preparer*******
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dkh
Level 15

Is that Cliff Claven notes - you know Norm's buddy.

IRonMaN
Level 15

Did he finally retire from the Post Office?


Slava Ukraini!