"Does that seem correct?"
No.
For 2021, the 8915-F Part I is completely EMPTY.
In Part II check the NO box on line 8 and skip to Line 12.
Penalties:
Subtract any penalty from the amount you owe reported on original 1040.
Don't try to include, but ignore, any new or changed penalty.
IRS will calculate your new penalty on their own and will bill you.
@SandyOH
