Update to Form 8915-F and its instructions to explain the treatment of carrybacks and certain distributions


If you downloaded Form 8915-F (Rev. January 2022), Qualified Disaster Retirement Plan Distributions and Repayments, or its instructions (Rev. February 2022), please be advised that there are two updates. Filers should rely on these updates for the changes described, which will be incorporated into the next revision of the form and its instructions, as applicable.

  1. If, on the 2021 Form 8915-F (2020 disasters), line 2, 3, or 4 of column (a), a filer has entered distributions that aren’t qualified disaster distributions, they should:
    1. Enter on line 5, column (a), the sum of lines 2 through 4 in column (a) reduced by the total distributions in lines 2 through 4 in column (a) that aren't qualified disaster distributions; and
    2. Enter on line 7, the excess of the sum of lines 2 through 4 in column (a) over the amount on line 6.
  2. If a filer has excess repayments, they can carry them back to the following lines, as applicable. If a filer reported qualified 2020 disaster distributions (including coronavirus-related distributions) on the 2020 Form 8915-E, excess repayments carried back from the 2021 Form 8915-F (2020 disasters) should be reported on the 2020 Form 8915-E:
    1. Line 10 if they are excess repayments of non-IRA distributions; and
    2. Line 18 if they are excess repayments of IRA distributions.

Write on the dotted line to the left of the entry line, the amount of the carryback and this statement: “Carryback from 2021 Form 8915-F (2020 disasters).”

Please make sure that you have the most recent Form 8915-F instructions. The January 2022 revision was replaced by the February 2022 revision.