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How do I fill out an 8915F for qualified disaster distibution from 401k for 2024

 
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MindyB
Expert Alumni

How do I fill out an 8915F for qualified disaster distibution from 401k for 2024

Since you lived in a federally declared disaster area, you can abate the penalty on up to $22,000 of distributions.

 

Here's how to enter this in TurboTax Online:

  1. Navigate to Federal > Wages & Income > IRA, 401(k), Pension Plan Withdrawals (1099-R) Add/Edit
  2. Edit the 1099-R if you have already begun entering the information or Add a 1099-R
  3. Enter the information from the 1099-R
  4. Continue through interview, on the screen Do any of these situations apply to you? choose I took out this money due to a qualified disaster
  5. Continue through interview, you will be asked Was this a withdrawal due to a 2023 or 2024 Qualified Disaster?, select the appropriate year.

 

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