Yes...the 8915-E will deal with early distributions from retirement plans exclusions like the 10% early withdrawal penalty and the 3 year spread of the income. If you decide to spread the income, TurboTax will ask you next year if you took a distribution due to the 2020 Pandemic. It can also be a good planning tool if the total distribution this year is pushing you into a higher marginal tax bracket, splitting it into 3 year may lower the total amount of tax you end up paying on the distribution. This was the intent by offering the 3 year spread.
