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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.
‎February 7, 2021
2:00 PM
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