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marie-kwash
February 7, 2021
Question

If I opt to report my 401k withdrawal as income over 3 years how do I report this on my taxes. Is it as simple as dividing info on my 1099R by 3?Sorry if a dumb question

  • February 7, 2021
  • 1 reply
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    1 reply

    ColeenD3
    ColeenD3
    February 7, 2021

    Yes, you can do this. Just enter your 1099-R exactly as it appears.

     

    At this point and time the Form 8915-E (Qualified 2020 Disaster Retirement

    Plan Distributions and Repayments (Use for Coronavirus-Related Distributions)) is not finalized. We currently do not have an estimated date when the form is ready.

     

    Please sign-up here and we will email you once the form is live.

     

     

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