Form 8880 credit and form 8915E Coronavirus distributions

Beckyz6 · ‎April 18, 2021

Is the full amount of qualified coronavirus-related distributions in 2020 (added to the total distributions entered on form 8880 line 4a and 4b OR the taxable amount calculated after the 1/3 spread and any repayments? (lines 11 and 19 of form 8915-E).

AmyC · ‎April 22, 2021

The full amount is used. The Form 8880 has the instructions for line 4 on page 2. It does not allow the nontaxable portion. See also Do I Qualify for the Retirement Savings Contributions Credit? interactive tool.

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AmyC · ‎April 22, 2021

The full amount is used. The Form 8880 has the instructions for line 4 on page 2. It does not allow the nontaxable portion. See also Do I Qualify for the Retirement Savings Contributions Credit? interactive tool.

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

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Form 8880 credit and form 8915E Coronavirus distributions