@pepper wrote:
If that is true, why does line 18 say "Enter the total amount of any repayments you made before filing your 2020 tax return. But don’t include any repayments made later than the due date (including extensions) for that return. Don’t use this form to report repayments of qualified 2016, 2017, 2018, or 2019 disaster distributions." ?
Any repayment made before the May 17 filing date or the extended filing date if an extension was filed or the 2020 tax return was timely filed (which is an automatic extension) is deemed to have been made in 2020, After that it is a 2021 repayment.
Per the form 8915-E rules for line 10 & 18.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
