You will be able to waive the penalty and spread the ordinary tax over the 3 years. However, the only timeline we know for sure is that it will be after 02/24. Also, we are unsure about e-filing capability as of now. Some 8915 forms (A, B, and C) are not supported for e-filing. But that may not be the case for the 8915-E; we are still waiting on the IRS to finalize the form. @Matt94
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