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8915-F for 2021 Distributions

Jtax LLC
Level 3

Before I tell this couple how much they owe, I want to ask if the new 8915-F includes an exemption of the 10% for retirement distributions made in 2021?  The distribution was all in 2021, not 2020.

2 Comments 2
IRonMaN
Level 15

That ship sailed last year.  They missed their boat ride.


Slava Ukraini!
qbteachmt
Level 15

"I want to ask if the new 8915-F includes an exemption of the 10% for retirement distributions made in 2021?"

Yes, that form is for Disaster Years 2021 and later.

"The distribution was all in 2021, not 2020."

Then they must have a qualifying Disaster. covid is not one of these; that expired Dec 31, 2020.

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