SamS1
Expert Alumni

Retirement tax questions

@k9208722637 There is no additional Wisconsin form needed.  Wisconsin is accepting the 8915E.  Click here for information on updates to 2020 Wisconsin Tax Law.  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 if 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