CARES Act Retirement Distributions: Form 8915-E and Form 8915-F: Reporting qualified 2020 disaster retirement distribution. See Form 8915-E 2020 for reporting on Form 8915-F in 2021 (and 2022). IRS Form 8915-E and IRS Form 8915-F links are below. Form 8915-F is used to report a disaster-related retirement distribution, and any repayments of those funds. It also allows you to spread the taxable portion of the distribution over three years, if needed and report prior year distribution amounts which are to be taxed in 2021.

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SEE BELOW: What is Form 8915-F Qualified 2021 Disaster Retirement Plan Distributions and Repayments?

Form 8915-E for 2020 Only (Not for 2021)

Form 8915-F for 2021 and 2022 (as of 3/7/22)

Form 8915-F Instructions

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What is Form 8915-F Qualified 2021 Disaster Retirement Plan Distributions and Repayments? Form 8915-F is used to report a disaster-related retirement distribution, and any repayments of those funds. It also allows you to spread the taxable portion of the distribution over three years, if needed and report prior year distribution amounts which are to be taxed in 2021. Form 8915-F replaces Form 8915-E. To qualify for Form 8915-F and to be exempt from the early withdrawal penalty a few rules must be met:

1. The withdrawal had to come from an eligible retirement plan, which could be any of the following:

A qualified pension, profit-sharing, or stock bonus plan (including a 401(k))
A qualified annuity plan
A tax-sheltered annuity contract
A governmental section 457 deferred compensation plan
A traditional, SEP, SIMPLE, or Roth IRA

2. The distribution must be to an eligible individual. There is also a $100,000 distribution limit to the exemption. Any distributions over that amount, may be subject to the additional tax.

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