1040 - Form 8915-F

Qualified Disaster Retirement Plan Distributions and Repayments, 8915-series forms, are available in Drake Tax.

Form eligibility and data entry varies depending on the year of Drake Tax being used. In Drake23, the following forms are available in data entry:

• Use Form 8915-C for distributions and repayments that were taken for disasters that occurred in 2018.

• Use Form 8915-D for distributions and repayments that were taken for disasters that occurred in 2019.

• Use Form 8915-F for distributions and repayments that were taken for disasters that occurred in 2020, 2021, 2022, and 2023.

Screens for these forms can be accessed in the Drake Tax 2023 program by clicking the following screen links from the Adjustments tab of the Data Entry Menu:

• 915C

• 915D

• 915F

• 915X

Disaster Distributions

Taxpayers can take up to $22,000 in distributions from retirement accounts for each qualifying disaster that occurred in 2023. A separate Form 8915-F should be completed for each spouse (if MFJ) as limitations are determined separately for each taxpayer. To report a disaster distribution, complete screen 915F, Part I and Parts II, III or IV, as applicable.

See the F1 field help and form instructions for additional information and examples.

2020 COVID Repayments

For disaster distributions taken for the Coronavirus in tax year 2020 that may be repaid in 2023:

1. Do not enter the prior-year distribution on screens 1099, ROTH, 8606, or 5329. Only current-year distributions should be entered on these screens, not repayments.

2. Complete the 915F screen:

   • TS box - Select T or S.

   • In the ST drop list, choose the relevant state.

   • For the calendar year in which the disaster occurred, select 2020.

   • Mark the box 2020 disaster distribution was made for Coronavirus in 2020.

3. Complete the 915F screen with the prior-year 8915-F information and repayment amounts, as applicable. This screen will also produce the 8915-F worksheets used for lines 12, 14, 23, and 25 of the form.

4. Calculate and review the return for accuracy, then click the Attach PDF button to automatically attach the Form 8915-F worksheets to the e-filed return. Recalculate the return to clear EF Message 2091.

2020-2023 Disaster Repayments

For disaster distributions taken for disasters (other than coronavirus) in tax years 2020 - 2023 that may be repaid in 2023:

1. Do not enter the prior-year distribution on screens 1099, 5329, 8606,or ROTH. Only current-year distributions should be entered on these screens, not repayments.

2. Complete the 915F screen:

   • TS box - Select T or S.

   • In the ST drop list, choose the relevant state.

   • For the calendar year in which the disaster occurred, select 20YY.

   • Complete the disaster type selection by selecting the FEMA code type (DR - Disaster or EM - Emergency) and enter the last four digits of the applicable FEMA code and the state identifier.

   • Do not enter any amounts on Parts I, II, III, and IV.

3. Complete the 915X screen with the prior year 8915-F information and repayment amounts, as applicable. This screen will also produce the 8915-F worksheets used for lines 12, 14, 23, and 25 of the form.

4. Calculate and review the return for accuracy, then click the Attach PDF button to automatically attach the Form 8915-F worksheets to the e-filed return. Recalculate the return to clear EF Message 2091.

Repayments after Filing

There may be instances where the distribution is partially or fully repaid after a return that includes Form 8915-F has been filed. See the Form 8915-F Instructions for details on when filing an amended return may be needed. Taxpayers have three years from the date of the original distribution to make a repayment. When an amended return is filed, and that return is updated to the next year, double-check the carryover amounts that are brought forward.

Qualified Disaster Retirement Plan Distributions and Repayments, Forms 8915, are available in Drake Tax.

Form eligibility and data entry varies depending on the year of Drake Tax being used. In Drake Tax 2022, the following forms are available in data entry:

• Use Form 8915-C for distributions that were taken for disasters that occurred in 2018.

• Use Form 8915-D for distributions that were taken for disasters that occurred in 2019.

• Use Form 8915-F for disaster and Coronavirus-related repayments from 2020.

  • Important: There were no disaster distributions allowed in 2022.

Screens for these forms can be accessed in the Drake22 program by clicking the following screen links from the Adjustments tab of the Data Entry Menu:

• 915C

• 915D

• 915F

• 915X

2020 COVID Repayments

For disaster distributions taken for coronavirus in tax year 2020 that must be repaid in 2022:

1. Do not enter the prior year distribution on screens 1099, ROTH, 8606, or 5329. Only current year distributions should be entered on these screens; not repayments.

2. Complete the 915F screen:

   • TS box: select T or S

   • In the ST drop list, choose the relevant state.

   • For calendar year in which the disaster occurred, check 2020.

   • Check the box 2020 disaster distribution was made for Coronavirus in 2020.

3. Complete the 915X screen with the prior year 8915-E information and repayment amounts, as applicable. This screen will also produce the 8915-F worksheets used for lines 12, 14, 23, and 25 of the form.

4. In View/Print mode, review the return for accuracy, then click the Attach PDF button to automatically attach the Form 8915-F to the e-filed return and clear EF Message 2091.

2020 Disaster Repayments

For disaster distributions taken for disasters (other than coronavirus) in tax year 2020 that must be repaid in 2022:

1. Do not enter the distribution on screens 1099, ROTH, 8606, or 5329. Only current year distributions should be entered on these screens; not repayments.

2. Complete the 915F screen:

   • TS box: select T

   • In the ST drop list, choose the relevant state.

   • For calendar year in which the disaster occurred, check 2020.

   • Complete the disaster type selection by selecting the FEMA code type (DR - disaster or EM - emergency) and enter the last four digits of the applicable FEMA code and the state identifier.

   • Do not enter any amounts on Parts I, II, III, and IV.

3. Complete the 915X screen with the prior year 8915-E information and repayment amounts, as applicable. This screen will also produce the 8915-F worksheets used for lines 12, 14, 23 and 25 of the form.

4. In view mode, review the return for accuracy, then click the Attach PDF button to automatically attach the Form 8915-F to the e-filed return and clear EF Message 2091.

Repayments after Filing

There may be instances where the distribution is partially or fully repaid after a return that includes Form 8915-F has been filed. See the Form 8915-F Instructions for details on when filing an amended return may be needed.

Qualified Disaster Retirement Plan Distributions and Repayments, Forms 8915, are available in Drake Tax. The watermark has been removed and Form 8915-F is available for e-file as of February 4, 2022.

Form eligibility and data entry varies depending on the year of Drake Tax being used. In Drake21, the following forms are available in data entry:

• Use Form 8915-B for distributions that were taken for disasters that occurred in 2017.

• Use Form 8915-C for distributions that were taken for disasters that occurred in 2018.

• Use Form 8915-D for distributions that were taken for disasters that occurred in 2019.

• Use Form 8915-F for disaster and Coronavirus-related repayments from 2020.

Screens for these forms can be accessed in the Drake21 program by clicking the available link on screen 1099, or by clicking the following screen links from the Adjustments tab of the Data Entry Menu:

• 915B

• 915C

• 915D

• 915F

2020 COVID Repayments

For disaster distributions taken for coronavirus in tax year 2020 that must be repaid in 2021:

1. Do not enter the prior year distribution on screen(s) 1099, ROTH, 8606, or 5329. Only current year distributions should be entered on these screens; not repayments.

2. Complete the 915F screen:

   • TS box: select T

   • In the ST drop list, choose the relevant state.

   • For calendar year in which the disaster occurred, check 2020.

   • Check the box Coronavirus.

   • Do not enter any amounts on Parts I, II, III, and IV.

3. Complete the 915X screen with the prior year 8915-E information and repayment amounts, as applicable. This screen will also produce the 8915-F worksheets used for lines 12, 14, 23, and 25 of the form.

4. In view mode, review the return for accuracy, then click the Attach PDF button to automatically attach the Form 8915-F to the e-filed return and clear EF Message 2091.

2020 Disaster Repayments

For 2021 disaster distributions taken for disasters (other than coronavirus) in tax year 2020 that must be repaid in 2021:

1. Do not enter the distribution on screens 1099, ROTH, 8606, or 5329. Only current year distributions should be entered on these screens; not repayments.

2. Complete the 915F screen:

   • TS box: select T

   • In the ST drop list, choose the relevant state.

   • For calendar year in which the disaster occurred, check 2020.

   • Complete the disaster type selection by selecting the FEMA code type (DR - disaster or EM - emergency) and enter the last four digits of the applicable FEMA code and the state identifier.

   • Do not enter any amounts on Parts I, II, III, and IV.

3. Complete the 915X screen with the prior year 8915-E information and repayment amounts, as applicable. This screen will also produce the 8915-F worksheets used for lines 12, 14, 23 and 25 of the form.

4. In view mode, review the return for accuracy, then click the Attach PDF button to automatically attach the Form 8915-F to the e-filed return and clear EF Message 2091.

8606 and/or ROTH

If the distribution comes from an IRA that must be reported on Form 8606, complete screen 8606 first. Use box 15b on screen 8606 to indicate what amount is included on Form 8915, Part III. Then complete Part I of the 915F screen. Also complete any other applicable parts of these screen(s).

Roth disaster distributions that should flow to Form 8915, Part III, should be entered on the ROTH screen before completing the 915F screen. Minimum entries include lines 19, 25b and Roth basis in cash contributions as of 12-31-2020. Then complete screen 915F, Part I. Also complete any other applicable parts of these screen(s).

Repayments after Filing

There may be instances where the distribution is partially or fully repaid after a return that includes Form 8915-F has been filed. See the Form 8915-F Instructions for details on when filing an amended return may be needed.