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DPTAX

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  • State
    TX
  1. Yes spoke with support and now there’s a box to click on the 1099-R form and it also asked me for a 8915-E form on the last return I filed that needed the Covid exception. But originally the exception was on form 5329 under line 12 it said coronavirus distributions in their software and It removed the penalty when amount was entered there so they must have just changed it possibly right before the filing date of the 12th because we’ve been preparing returns since Jan. 22 and the box and form 8915-E were not there. I just wish they put a warning or something to say hey we moved this and now you have to do this or put draft on form 5329 since it obviously wasn’t correct because when they removed that line from 5329 it automatically added back the penalty and I didn’t catch it before I already transmitted some. so now I’ll have to do amendments for those clients.
  2. is anyone else having issues with form 5329? I was able to waive the extra 10% for coronavirus distributions on that form ( I think it was under other or line 12) and now I don't see it under other. To make matters worse now looking back at the clients I've sent through with that form it is no longer on their tax returns either and the 10% penalty was automatically added back.
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