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Important! IRS Form 8915 – Qualified Disaster Retirement Plan Distributions and Repayments Status

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Important! IRS Form 8915 – Qualified Disaster Retirement Plan Distributions and Repayments Status

To Our Valued Partners:

We have received some inquiries regarding when we expect to have IRS Form 8915 – Qualified Disaster Retirement Plan Distributions and Repayments Status for TY2021 available in the software.

  • Note: Form 8915-E for TY2020 is being replaced this tax season with Form 8915-F.    

The IRS has not yet released a final version of the new TY2021 form to software companies and it remains in DRAFT status since December 2, 2021. We do not have an availability date at this time.

Important! For returns that require this form (see below), we recommend that you do not use work-around line item entries in order to e-File returns prior to the availability of this updated form. This action may result in return (and refund) processing delays at the IRS.

Excerpts from information provided in the Form 8915-DRAFT instructions: 

DRAFTS: Form 8915-F | Form 8915-F Instructions 

Purpose of Form Use Form 8915-F to report:

  • Qualified 2021 and later disaster distributions, if any
  • Qualified 2020 disaster distributions made in 2021 or 2022, as applicable (coronavirus-related distributions can’t be made after December 30, 2020)
  • Repayments of qualified 2020 and later disaster distributions
  • Income in 2021 and later years from qualified 2020 and later disaster distributions; and
  • Qualified distributions received in 2021 and later years

About Form 8915: 

  • Form 8915-F is a forever form. Form 8915-F is a redesigned Form 8915. Beginning in 2021, additional alphabetical Forms 8915 (that is, Form 8915-G, Form 8915-H, etc.) will not be issued. The same Form 8915-F will be used for distributions for 2020 and later disasters and for each year of reporting of income and repayments of those distributions. The boxes you check in items A and B will help us determine the exact year of the form you are filing, and the year of the qualified disasters, qualified disaster distributions, and qualified distributions you are reporting. Earlier Forms 8915 had a different alphabetical Form 8915 for each year of disasters and a different form for each year the alphabetical form existed.

Partner Support will send an update to this communication when we have new information and/or immediately upon release of the final form.    

If you have any questions about this information, please contact the Partner Support Team at 206-209-2653 or email us at help@erosupport.com.

Thank you, 

The Partner Support Team 

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