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Cares Act : how to show in turbotax that I want to spread the taxable income over a three-year period

jknorman
Level 1

I am using turbotax premier to complete my personal taxes.

Due to financial hardship losing my job due to covid we took a distribution as per the Cares Act.

I have the 1099R and entered all the data but how do I specify the amount each year to be applied to my taxes/

thanks in advance

john

 

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2 Replies 2
TaxGuyBill
Level 15

You seem to be on the wrong website.  This website is for tax professionals.  If you are using TurboTax or some other do-it-yourself method, please visit the TurboTax Help site for support or schedule an appointment with a tax professional in your area.

jknorman
Level 1

Thank you. 

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