You chose to spread the $90,000 over 3 years ($30,000 in income for 2020, 2021, and 2022). On May 3, 2023, you make a repayment of $65,000. For 2023, the entire $65,000 is an excess repayment on your 2023 Form 8915-D, as you have no income from qualified 2019 disaster distributions to report for 2023.Code 7 on Box 7 of the 1099-R tax form means Normal Distribution, states TurboTax. The normal distribution is for individuals who are older than 59-1/2, and the distribution does n...Do you know when TurboTax changes to support 'Qualified disaster distributions" from an IRA will be ready ? Form 8915-E, i believe. Message is "revisit later". Thanks . As 8915-F is available from the IRS and it's not much different of a process from the previous year, why is TurboTax several weeks behind on getting this added to the …Open or continue your return in TurboTax. In the left menu, select "Tax Tools" and then "Tools". In the pop-up window Tool Center, select "Delete a form". Select "Delete" next to "Form 8915-F" and "Qualified 2020 Disaster Retirement Distr" and follow the instructions. Click on the "Search" on the top and type “1099-R”. Click on “Jump to ...Sort by: Add a Comment. zuzu2020. • 5 days ago. Forms are transferred from your 2022 taxes so all you need is to log in a computer go to tools and delate two forms from the delate forms link. Form 8915 delate that one, and form that says about Covid distribution and you should be good to go. r/TurboTax.Key Takeaways. • IRS Publications provide information about the preparation, filing, and extension of tax returns and other tax related matters. • Some publications address filing details for military personnel, dependents, and small businesses. • Popular IRS publications include: Pub 1, Your Rights as a Taxpayer; Pub 15, …The question about a disaster distribution is asking if you took money out of a retirement account. like a 401k or an IRA. It has nothing whatsoever to do with stimulus checks you received. TO REMOVE A FORM IN ONLINE TURBOTAX .Why can't I report the Coronavirus-Related and Other Qualified 2020 Disaster Distributions ratably for the second of the three years? It keeps saying Needs. US En . United States (English) United States (Spanish) Canada (English) Canada (French) TURBOTAX; Expert does your taxes. Back. Expert does your taxes. An expert does your …"For 2021, the client's 1099-R Disaster distribution was reported on form 8915-E in the tax return, and I elected to spread the taxable amount reported over 3 years. So is 8915-F for 2021 the form the second portion of the taxable 2020 amount to overflow into?" For 2020 Tax Year, the form 8915-E applies for 2020 Disaster Years.27 Jan 2023 ... People who live in areas that were affected by natural disasters may also have later deadlines. For example, the due date for federal income tax ...When natural disasters strike, the immediate concern is for people’s safety and wellbeing. However, once the initial danger has passed, the focus shifts to providing food and shelt...When it comes to disaster preparedness planning, having access to accurate and timely information is crucial. One key aspect of this planning is understanding the potential risks i...Get your taxes done right and your biggest tax refund — guaranteed · Your tax return, backed for life™ · Searches for tax deductions · Taxes done right.On May 3, 2023, you make a repayment of $45,000. For 2023, the entire $45,000 is an excess repayment on your 2023 Form 8915-D, as you have no income from qualified 2019 disaster distributions to report for 2023 and the repayment was made before the 3-year period for repayment of the distribution ended.I cashed out my 401k and opted to spread out the taxes for three years or whatever. So has anyone found out when they will have that section completed? Thanks. Edit: Looks like …Down the left side of the screen, click on Federal. Down the left side of the screen, click on Wages & Income. Click Edit / Add to the right of IRA, 401 (k), Pension Plan Withdrawals. At the screen Here's your 1099-R info, click Continue. Continue to the screen Did You Take a 2020 Qualified Disaster Distribution. Do you know when TurboTax changes to support 'Qualified disaster distributions" from an IRA will be ready ? Form 8915-E, i believe. Message is "revisit later". Thanks . As 8915-F is available from the IRS and it's not much different of a process from the previous year, why is TurboTax several weeks behind on getting this added to the …Sort by: Add a Comment. zuzu2020. • 5 days ago. Forms are transferred from your 2022 taxes so all you need is to log in a computer go to tools and delate two forms from the delate forms link. Form 8915 delate that one, and form that says about Covid distribution and you should be good to go. r/TurboTax. You chose to spread the $90,000 over 3 years ($30,000 in income for 2020, 2021, and 2022). On May 3, 2023, you make a repayment of $65,000. For 2023, the entire $65,000 is an excess repayment on your 2023 Form 8915-D, as you have no income from qualified 2019 disaster distributions to report for 2023.See full list on marketrealist.com I don’t understand why TurboTax is adding the distribution again. I did not use. US En . United States (English) United States (Spanish) Canada (English) Canada (French) TURBOTAX; Expert does your taxes. Back . Expert does your taxes. An expert does your return, start to finish. Full Service for personal taxes Full Service for business …The entire $65,000 is an excess repayment on your 2023 Form 8915-C, as you have no income from qualified 2018 disaster distributions to report for 2023 and the repayment was made before the 3-year period for repayment of the distribution ended. You carry $30,000 of the excess back to 2022; $30,000 of the excess back to 2021; and $5,000 of the ...Feb 9, 2021 · TurboTax will update this section after the IRS releases the final version of Form 8915-E and then you can finish your distribution information. Please sign-up here and TurboTax will email you once the form is live. Please follow these steps to enter your 1099-R: Login to your TurboTax Account ; Click on the Search box on the top and type ... Turbo tax is not calculating my 1099R disaster distribution correctly, says 1/3rd of 30k is 20K That is what it did, and those are the questions it asked. My overview screen shows my w2 income, my investment/savings income but only shows my Air Force pension in the 401K pension plan withdraws, The 10K does not show as income that I can see.Reconstructing records after a natural disaster or casualty loss. The latest Federal Emergency Management Agency disaster declarations. For information on disaster recovery, visit DisasterAssistance.gov. Page Last Reviewed or Updated: 08-Feb-2024. Find disaster tax relief information and resources.You choose to spread the $90,000 over 3 years ($30,000 in income for 2020, 2021, and 2022). On November 19, 2021, you make a repayment of $45,000. For 2021, none of the qualified 2020 disaster distribution is included in income. The excess repayment of $15,000 ($45,000 - $30,000) can be carried back to 2020.TurboTax Live Full Service - File your taxes as soon as today: TurboTax Full Service Experts are available to prepare 2023 tax returns starting January 8, 2024. Based on completion time for the majority of customers and may vary based on expert availability. The tax preparation assistant will validate the customer’s tax situation during the ...The entire $65,000 is an excess repayment on your 2023 Form 8915-C, as you have no income from qualified 2018 disaster distributions to report for 2023 and the repayment was made before the 3-year period for repayment of the distribution ended. You carry $30,000 of the excess back to 2022; $30,000 of the excess back to 2021; and $5,000 of the ...Mar 24, 2022 · Yes. There is no FEMA number for the COVID disaster distribution from your retirement plan. Enter nothing or none and you can move to the questions related to your qualifying distribution and report 1/3 of the taxable amount. The steps below may be helpful. You must have your Form 8915-E from your 2020 tax return. It’s about the 2020 qualified disaster distribution. I took a distribution from my 401K in 2020, which qualified for the 2020 disaster distribution at the time. On form 8915-E on my 2020 tax return, it was distributed $17,956. ... An unofficial, civil, and helpful community to discuss filing your taxes with Intuit TurboTax.Disaster Distribution. TurboTax online guarantees. TurboTax security and fraud protection. Tax forms included with TurboTax. TurboTax en español. TurboTax Live en español. Self-employed tax center. Tax law & stimulus updates. Tax Refund Advance.TurboTax asks "Was this a Qualified Disaster Distribution?" I selected "No, this was not a Qualified Disaster Distribution." When I click Continue, it asks "Is this a qualified distribution for the purchase or construction of a main home in certain disaster areas?" and I selected "No, this is not a qualified distribution." Instructions. The IRS has issued revised Form 8915-F and Instructions for individual taxpayers to report retirement plan distributions due to qualified disasters and repayments of disaster distributions. Form 8915-F is a “forever form,” designed to be used for distributions for qualified 2020, 2021, and later disasters, and for each year of ...The question about a disaster distribution is asking if you took money out of a retirement account. like a 401k or an IRA. It has nothing whatsoever to do with stimulus checks you received. TO REMOVE A FORM IN ONLINE TURBOTAX .Key Takeaways. • IRS Publications provide information about the preparation, filing, and extension of tax returns and other tax related matters. • Some publications address filing details for military personnel, dependents, and small businesses. • Popular IRS publications include: Pub 1, Your Rights as a Taxpayer; Pub 15, …Mar 11, 2023 · I am having the exact same issue. The instructions on how to fix this do not work - this is a turbotax software issue. COVID-19 still auto-populates on 8915-F line C when you click this was a COVID related distribution. Why can't I report the Coronavirus-Related and Other Qualified 2020 Disaster Distributions ratably for the second of the three years? It keeps saying Needs. US En . United States (English) United States (Spanish) Canada (English) Canada (French) TURBOTAX; Expert does your taxes. Back. Expert does your taxes. An expert does your …You will need to delete the "Qualified 2020 Disaster Retirement Distribution and Repayment Worksheet" (8915E wks) to delete Form 8915-F. Open or continue your return in TurboTax. In the left menu, select "Tax Tools" and then "Tools". In the pop-up window Tool Center, select "Delete a form". Select "Delete" next to "Qualified 2020 …No, it's referring to distributions from IRAs, 401ks, etc. Essentially, certain distributions from retirement funds can take the penalty over several years instead of just one for those who had Covid or were affected in various ways (there's a list)If you answer yes, then it will want a 1099-R for that distribution and will then access Form 8915-E and go forth. The -E is specifically for 2020 disasters. The waiver for the early distribution penalty is part of the 1099-R worksheet in the tax prep programs; it also is on the form 5329 when exceptions apply. A declared disaster is typically given consideration for special rules applying for distributions. But the rules vary. You have to read what …When disaster strikes, it’s crucial to have a reliable and efficient disaster cleanup company on your side. Whether you’re dealing with a flood, fire, or any other type of emergenc...Reporting coronavirus-related and other distributions for qualified 2020 disasters made or received in 2020. This form replaces Form 8915-E for tax years beginning after 2020. The Form 8915-E was only used for tax year 2020. It will no longer be used for any other tax year. February 1, 2022 9:00 AM.The -E is specifically for 2020 disasters. The waiver for the early distribution penalty is part of the 1099-R worksheet in the tax prep programs; it also is on the form 5329 when exceptions apply. A declared disaster is typically given consideration for special rules applying for distributions. But the rules vary. You have to read what …Mar 10, 2022 · A disaster distribution allowed you to spread the distribution over three 1040 tax returns. If so, IRS Form 8915 will be needed to complete your tax return but that form is not yet available. See this TurboTax Help. If you did not take a disaster distribution from your pension funds between 2018 and 2020, follow these steps. Jan 31, 2023 · If you did not take an additional retirement distribution outside of the disaster distribution you would not have been sent a 1099-R. If you did take the disaster distribution and followed the correct procedures, you need to include 1/3 of the distribution in 2022. Below are the instructions from the IRS about Form 8915-E . Form 8915-E . @jl3819 10 Oct 2023 ... People who live in areas that were affected by natural disasters may also have later deadlines. ... TurboTax will ask you simple questions about ...The person I talked to said that TurboTax's online filing system had not yet been updated to account for the waiving of the 10% penalty. She said they had a "goal date" of having it added to the online filing process by February 18th. I actually googled it this evening to see if they had added it a week early and found this post."For 2021, the client's 1099-R Disaster distribution was reported on form 8915-E in the tax return, and I elected to spread the taxable amount reported over 3 years. So is 8915-F for 2021 the form the second portion of the taxable 2020 amount to overflow into?" For 2020 Tax Year, the form 8915-E applies for 2020 Disaster Years.What is a disaster distribution? Under normal conditions retirement plan participants are taxed on any funds that they prematurely withdraw from their retirement …You enter $45,000 on your amended 2020 Form 8915-D, line 32. On the dotted line to the left of line 32, you write “$45,000 carryback from 2022 Form 8915-D.”. Example 2. You received a qualified 2019 disaster distribution from your traditional IRA in the amount of $90,000 on May 10, 2019. Dec 24, 2021 · Based on the IRS draft forms, Form 8915-F is to handle the COVID divisor of 3.0, and TurboTax and the other tax software should be able to support it just as well as 2020 Form 8915-E. If TurboTax 2020 couldn't e-File 8915-E, never mind I take it back, My tax software had no problem e-Filing it. You choose to spread the $90,000 over 3 years ($30,000 in income for 2020, 2021, and 2022). On November 19, 2021, you make a repayment of $45,000. For 2021, none of the qualified 2020 disaster distribution is included in income. The excess repayment of $15,000 ($45,000 - $30,000) can be carried back to 2020.Go to TurboTax r/TurboTax. r/TurboTax. An unofficial, civil, and helpful community to discuss filing your taxes with Intuit TurboTax. Members Online • cdawgg510 . Covid economic relief consider disaster distribution Question? Was the covid stimulus distribution considered a disaster distribution? Locked post. New comments cannot …Go to TurboTax r/TurboTax • by Spiritual_Sweet_5806. View community ranking In the Top 10% of largest communities on Reddit. Disaster Distributions NC, when will this be available to file on TT? Was hoping to file my taxes today...Reporting coronavirus-related and other distributions for qualified 2020 disasters made or received in 2020. This form replaces Form 8915-E for tax years beginning after 2020. The Form 8915-E was only used for tax year 2020. It will no longer be used for any other tax year. February 1, 2022 9:00 AM.Qualified disaster distribution limits (see instructions). a: Do the following. • Skip lines 1a through 1d. And, on line 1e, enter $100,000 times the number of disasters you entered in item C earlier : if: • You checked 2020 in item B earlier and …Get your taxes done right and your biggest tax refund — guaranteed · Your tax return, backed for life™ · Searches for tax deductions · Taxes done right.You chose to spread the $90,000 over 3 years ($30,000 in income for 2020, 2021, and 2022). On May 3, 2023, you make a repayment of $65,000. For 2023, the entire $65,000 is an excess repayment on your 2023 Form 8915-D, as you have no income from qualified 2019 disaster distributions to report for 2023.Form 8915F-T for Tax Year 2023. In 2022 I took a 2021 disaster distribution and elected to spread the income over 3 years. This is year two of the 3 years so I have …See this TurboTax Help. If you did not take a disaster distribution from your pension funds between 2018 and 2020, follow these steps. Go to Federal / Wages & Income. Scroll down to Wrap up income. Continue. At the screen Did you take a disaster distribution at any time between 2018 and 2020? answer No. Then run through the tax return through ... When natural disasters strike, the immediate concern is for people’s safety and wellbeing. However, once the initial danger has passed, the focus shifts to providing food and shelt...If you think you qualify for a qualified disaster distribution and need help completing the 8915-E tax form, get help! ... compared to TurboTax Full Service Basic price listed on TurboTax.com as of 3/16/23. Over 50% of our customers can save. All tax situations are different. Prices may vary by office and are subject to change.Another option is to delete both "Form 8915-F" and "Qualified 2020 Disaster Retirement Distr" and then go back to the retirement section and reenter the information.. For TurboTax Online:. Open or continue your return in TurboTax. In the left menu, select "Tax Tools" and then "Tools".In the pop-up window Tool Center, select "Delete a …Feb 4, 2022 · The qualified disaster distributions made to you for 2021 and 2022 for $5,000 and $2,000 are on line 6 of your 2021 Form 8915-F (2021 disasters) and 2022 Form 8915-F (2021 disasters), respectively. On line 1a of your 2023 Form 8915-F (2021 disasters), you enter $22,000. On line 1b, you enter $7,000 ($5,000 + $2,000). A disaster distribution allowed you to spread the distribution over three 1040 tax returns. If so, IRS Form 8915 will be needed to complete your tax return but that form is not yet available. See this TurboTax Help. If you did not take a disaster distribution from your pension funds between 2018 and 2020, follow these steps.Qualified Disaster Distribution is related to drawing money from retirement plans or IRAs before the age of 60. In normal circumstances, drawing money out of the retirement plan is subject to an additional tax of 10%. For drawing money out of Simple IRA plans, you have to pay an additional tax of 25% when money is drawn out in the first two ...Sort by: Add a Comment. zuzu2020. • 5 days ago. Forms are transferred from your 2022 taxes so all you need is to log in a computer go to tools and delate two forms from the delate forms link. Form 8915 delate that one, and form that says about Covid distribution and you should be good to go. r/TurboTax.For tax year 2022, I expect the third year of the distribution to be entered and when I visit the 1099R topic, Turbo Tax shows the 2020 distribution and shows the information for the 2021 8915. I finish answering the questions, Turbo Tax wraps up the review, and moves to deductions. As soon as it starts deductions, it asks about disaster ...Feb 24, 2022 · No, the stimulus payment is Not a Disaster Distribution. February 24, 2022 10:32 AM. 0. Reply. Bookmark Icon. Mar 10, 2022 · A disaster distribution allowed you to spread the distribution over three 1040 tax returns. If so, IRS Form 8915 will be needed to complete your tax return but that form is not yet available. See this TurboTax Help. If you did not take a disaster distribution from your pension funds between 2018 and 2020, follow these steps. , on line 1a, enter $100,000 times the number of different qualified disasters you have reported in item C on prior-year Forms 8915-F for disasters for the year you checked in item B. (Include, in your disaster number, if you checked 2020 in item B, qualified disaster(s) (other than the coronavirus) reported in Part I of 2020 Form 8915-E.) When an event is declared a disaster by the president, the IRS will postpone some retirement plan and IRA deadlines for taxpayers in affected areas. These disasters are usually hurricanes, tornados, flooding, earthquakes, and wildfires. Additional Information. For a list of qualified disaster areas by year, please see Appendix B. Feb 20, 2020 · DMarkM1. Expert Alumni. You will find these questions when entering a form 1099-R. The follow on questions after entering the 1099-R information ask about the "Qualified Disaster Distributions". If they do not apply, select "NO" and leave the boxes blank. If you have put a number (0) in the boxes delete it and hit delete several times to make ... Distributing Press Releases - PR Professionals distribute press releases to reporters. Find out how PR professionals distribute press releases at HowStuffWorks. Advertisement The t...When natural disasters strike, the immediate concern is for people’s safety and wellbeing. However, once the initial danger has passed, the focus shifts to providing food and shelt...Someone above said they pushed it until the 26th. I copied the below text from the TurboTax website. You can check the status with the link. At this point and time the Form 8915-E (Qualified 2020 Disaster Retirement Plan Distributions and Repayments (Use for Coronavirus-Related Distributions)) is not finalized.Jan 22, 2023 · The question about a disaster distribution is asking if you took money out of a retirement account. like a 401k or an IRA. It has nothing whatsoever to do with stimulus checks you received. TO REMOVE A FORM IN ONLINE TURBOTAX Open or continue your return in TurboTax. In the left menu, select "Tax Tools" and then "Tools". In the pop-up window Tool Center, select "Delete a form". Select "Delete" next to "Form 8915-F" and "Qualified 2020 Disaster Retirement Distr" and follow the instructions. Click on the "Search" on the top and type “1099-R”. Click on “Jump to ...Instructions. The IRS has issued revised Form 8915-F and Instructions for individual taxpayers to report retirement plan distributions due to qualified disasters and repayments of disaster distributions. Form 8915-F is a “forever form,” designed to be used for distributions for qualified 2020, 2021, and later disasters, and for each year of ...TurboTax is one of the most popular tax preparation software products available today. It is designed to make filing taxes easier, faster, and more accurate. This step-by-step guid...Qualified disaster distribution limits (see instructions). a: Do the following. • Skip lines 1a through 1d. And, on line 1e, enter $100,000 times the number of disasters you entered in item C earlier : if: • You checked 2020 in item B earlier and …20 Dec 2023 ... Qualified disaster distributions. The additional tax on early distributions doesn't apply to qualified disaster distributions nor does it apply ...See this TurboTax Help. If you did not take a disaster distribution from your pension funds between 2018 and 2020, follow these steps. Go to Federal / Wages & Income. Scroll down to Wrap up income. Continue. At the screen Did you take a disaster distribution at any time between 2018 and 2020? answer No. Then run through the tax return through ... FL-2022-19, September 29, 2022. WASHINGTON — Victims of Hurricane Ian that began September 23 in Florida now have until February 15, 2023, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today. Following the recent disaster declaration issued by the Federal Emergency …Answer: "Yes" Question: "Did either of you take a disaster distribution at any time between 2018 and 2022?" Answer: "No" You should be able to e-file after anwering the two …Hi, I have a question about Qualified 2020 disaster distributions from retirement plans with electing to spread the taxable amount over 3 years not automatic transfer to tax 2021. Do we have to re-input form 1099-R from 2020 or wait for Pro Series update the software? Best regards, Trung NguyenYou can search by TurboTax product and for IRS or state-specific forms. It takes some time to incorporate IRS forms into TurboTax. While they may be available from the IRS on a given date, we need a few days to make the forms available for use in TurboTax. If the e-file date says unsupported, the form must be printed and you'll need to mail ... HowStuffWorks talked to experts in disaster relief to find out the best ways to help people in times of disaster. Advertisement We humans have big hearts. When we see someone suffe...Open or continue your return in TurboTax. Select "Tax Tools" and then "Tools" in the left menu. In the pop-up window Tool Center, select "Delete a form". Select "Delete" next to "Form 8915-F" and "Qualified 2020 Disaster Retirement Distr" and follow the instructions. Click on the "Search" on the top and type “1099-R”.
In addition to allowing the use of the standard deduction for these losses, the law also allows for special treatment of qualified disaster distributions from eligible …. Poki.game
March 16, 2021 5:43 PM. You do not need to list Covid-19 on your tax return. If you are referring to a retirement related distribution due to Covid, you would need to file a Form 8915-E to avoid the 10% penalty from your distribution. To answer Covid related questions under 1099-R, see steps below.Feb 14, 2020 · Besides eliminating the early withdrawal penalty the distribution would be taxed over 3 years vice the only the year of distribution. If you qualify (see extracts below) then you could go back to the year of distribution and amend to claim the Qualified Disaster status and then each year after include the 1/3 income through the TurboTax interviews. Apr 25, 2023 · About Form 8915-F, Qualified Disaster Retirement Plan Distributions and Repayments Use Form 8915-F if you were adversely impacted by the coronavirus or affected by a qualified 2020 or later disaster. It replaces Form 8915-E beginning in 2021. Current Products Form 8915-F PDF Instructions for Form 8915-F PDF Recent Developments In May of 2023, qualified disaster distributions were made to you totalling $9,000 that you report on a 2023 Form 8915-F (2021 disasters). Earlier, in January of …For distribution code 1, TurboTax will prompt you to enter amounts that are exempt from the early-distribution penalty for particular reasons. For an amount that you indicate was received as a series of substantially equal periodic payments, TurboTax will put the amount on Form 5329 line 2 with code 02. In TurboTax, please follow these steps:Mar 11, 2023 · I am having the exact same issue. The instructions on how to fix this do not work - this is a turbotax software issue. COVID-19 still auto-populates on 8915-F line C when you click this was a COVID related distribution. You can search by TurboTax product and for IRS or state-specific forms. It takes some time to incorporate IRS forms into TurboTax. While they may be available from the IRS on a given date, we need a few days to make the forms available for use in TurboTax. If the e-file date says unsupported, the form must be printed and you'll need to mail ... If you want to reverse IRA distributions, you can do so in a way. Instead of reversing the withdrawal, the process is more complicated and you can send the payment to another IRA v...See full list on marketrealist.com Jan 22, 2023 · The question about a disaster distribution is asking if you took money out of a retirement account. like a 401k or an IRA. It has nothing whatsoever to do with stimulus checks you received. TO REMOVE A FORM IN ONLINE TURBOTAX Currently this section is not ready in TurboTax. When it is ready, here's what to do. Type 1099-r in Search in the top right; Select Jump to 1099-r; On Did you get a 1099-R in 2021? say Yes or No. If you answered Yes, fill out the 1099-R section. Once you are finished you will see Have you ever taken a disaster distribution before 2021? This is ...Mar 8, 2022 · Go to Federal on the left side of the screen. Go to Wages & Income at the top of the screen. Scroll to the bottom of the section without making any changes and click Wrap Up Income. Continue moving forward until you see a question about whether you took a disaster distribution in 2020 and select 'No'. For distribution code 1, TurboTax will prompt you to enter amounts that are exempt from the early-distribution penalty for particular reasons. For an amount that you indicate was received as a series of substantially equal periodic payments, TurboTax will put the amount on Form 5329 line 2 with code 02. In TurboTax, please follow these steps:Hello, I took out the $100,000 disaster distribution from my 401k in 2020 due to coronavirus with the plan to pay taxes on it over 3 years. When I get to the part of TurboTax Home & Business where I need to enter my information from 2020's Form 8915E, it has a checkbox that says "If this was a Coronavirus-related distribution reported in …I also was stuck after paying the TurboTax fee, but I was still able to go back to the Personal Info and Income sections and visit every possible section, even those that are irrelevant to my return. After doing all this, and of course, unchecking the box for disaster distributions, it finally accepted my return on the Review part. First off, what exactly are Qualified Disaster Distributions? Well, these are any distribution paid out of a 401(k) plan on or after the first day of the occurrence of a "qualified disaster" and ...Learn about the latest tax news and year-round tips to maximize your refund. Check it out. The TurboTax community is the source for answers to all your questions on a range of taxes and other financial topics. .