SamS1
Expert Alumni

Retirement tax questions

We are waiting on the IRS to finalize the form.  The IRS is not accepting returns or processing till 2/12 so still plenty of time.  Click here to be added to the email list for notification when the 8915-E form goes live.

 

The 8915-E will be used for penalty relief from early retirement plan distributions and include the option to spread the distribution income over 3 years.  This may be a good option is the distribution is pushing you into a higher marginal tax bracket.  You may end up paying less tax if you spread the distribution over the 3 years.