8915 allows taxable income taking from a retirement account on a 1099-R to be spread over three years on two exceptions - for COVID and for FEMA natural disasters:
https://www.irs.gov/instructions/i8915f#:~:text=As%20a%20result%20of%20section,Disaster%20Distributi...
The E and F versions both included this variance - while you're still obligated to pay taxes on the full withdrawal (and penalties if taken before 59 1/2), the taxable amount gets spread over three sequential years.
The loss has to be reported on the 4864 form - the guidance for these is listed here:
https://www.irs.gov/forms-pubs/about-publication-547
