Form 8915-F is an IRS form used to report qualified disaster distributions from retirement accounts, including income inclusion, repayment of those distributions, and related multi-year tax reporting. It applies to qualified disaster distributions generally beginning in 2021 and later, and it consolidates reporting that was previously handled through multiple version-specific forms in the Form 8915 series. It is sometimes referred to as a “permanent” or “standardized” form because it is designed to be reused across multiple disaster years rather than replaced annually.
Key Features of Form 8915-F
- Forever Form Concept: Form 8915-F is a standardized form used to report qualified disaster retirement plan distributions for applicable disaster events beginning in 2021 and later. It replaces the need for issuing new alphabet-suffixed forms each year for new disasters, while prior versions of Form 8915 may still apply for earlier tax years or specific legacy filings.
- Item A and Item B:
Item A: Identifies the tax year of the return to which Form 8915-F is attached (for example, 2025 for a 2025 tax return).
Item B: Identifies the year in which the qualified disaster began (for example, 2024 if the disaster began in 2024).
- Form Usage Convention: The form is referenced using both entries, such as “2025 Form 8915-F (2024 disasters),” to distinguish the tax year from the disaster year being reported.
- E-Filing: Form 8915-F may be filed electronically with Form 1040, 1040-SR, or 1040-NR, subject to IRS e-file system support for the applicable tax year.
When to Use Form 8915-F
- Form 8915-F is used to report qualified disaster distributions taken in 2021 and later disaster events, including the optional spread of income over multiple years and repayment of such distributions within the permitted timeframe.
- Form 8915-F is not used for the initial reporting of 2020 coronavirus-related distributions, which were reported under earlier provisions and forms (such as Form 8915-E) based on IRS guidance applicable to that tax year. However, Form 8915-F may still be used in later years to report income inclusion or repayment activity tied to prior eligible disaster distributions, depending on the taxpayer’s situation.
Filing Instructions
- Form 8915-F must be attached to Form 1040, 1040-SR, or 1040-NR for the tax year shown in Item A. If multiple Form 8915-Fs are required due to different disaster years in Item B, the IRS instructions provide worksheets to allocate and compute the appropriate amounts across reporting columns.
Source:
Form 8915-F
Disclaimer: Always verify details with the current IRS forms and instructions or consult a tax professional for personalized advice. This information is based on IRS guidance and may not cover all individual circumstances.