The form 8915 (Qualified 2016 Disaster Retirement Plan Distribution and Repayment is used by individuals who were adversely affected by 2016 disaster and received a distribution that qualifies for a favorable tax treatment You may repay all or part of the corona virus-related distribution to an eligible retirement plan over a 3 year (2020, 2021, & 2022) period after the date distribution was received. You must qualify for IRS special tax rules under Cares Act:
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You are diagnosed with the SARS-Cov2.
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You are a spouse or a dependent of a person diagnosed with the virus.
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You experienced financial hardship related to the virus.
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Test must be done with an approved Center for Disease Control and Prevention.
California conforms to federal laws including a temporary waiver of the required minimum distribution requirement.
See, california conformity with IRS's 2020, link.
