@Wrusprod wrote:
So I'm curious. The full amount I took out of 401k in 2020 was reflected in my income last year.
So did I pay the full amount on it ?
I did the 3 year split I thought.
How do I know if I need to do the 8915 form?
Look at your 2020 1040 form line 5a and 5b. If line 5b is 1/3 the amount in box 1 on your 2020 1099-R form then you elected to spread it over 3 years.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
