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three year spread of hardship, does the federal tax get spread over three or just current year

dsimo1269
Level 1

hardship question

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qbteachmt
Level 15

No spread of tax. Any tax paid in is no different than any withholding or estimates; it's against the current year Total owed. If there is overpayment, you can select to let it ride to 2021, as usual.

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TaxGuyBill
Level 15

Just to clarify, spreading out the distribution is not for a "hardship".  It is for specific situations for a person in relation to COVID (see the instructions for Form 8915-E).

dsimo1269
Level 1

THANX

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dsimo1269
Level 1

IT IS COVID RELATED

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