Instructions for IRS Form 8915-B Qualified 2017 Disaster Retirement Plan Distributions and Repayments

IRS Form 8915-B Qualified 2017 Disaster Retirement Plan Distributions and Repayments

This document contains official instructions for IRS Form 8915-B , Qualified 2017 Disaster Retirement Plan Distributions and Repayments - a tax form released and collected by the Internal Revenue Service (IRS), a subdivision of the U.S. Department of the Treasury. An up-to-date fillable IRS Form 8915-B is available for download through this link.

FAQ

Q: What is IRS Form 8915-B?
A: IRS Form 8915-B is a tax form used to report qualified 2017 disaster retirement plan distributions and repayments.

Q: What are qualified 2017 disaster retirement plan distributions?
A: Qualified 2017 disaster retirement plan distributions are distributions made from eligible retirement plans during 2017 in response to certain federally declared disasters.

Q: What are the repayment options for qualified distributions?
A: Qualified distributions can be repaid in a lump sum or spread out over a period of three years.

Q: What is the purpose of filing Form 8915-B?
A: The purpose of filing Form 8915-B is to report qualified distributions and repayments related to eligible retirement plans in response to federally declared disasters in 2017.

Q: Do I need to attach any supporting documents with Form 8915-B?
A: Yes, you must attach a statement explaining the details of the disaster that necessitated the distribution and the amount of the repayment.

Q: Is there a deadline for filing Form 8915-B?
A: Yes, the deadline to file Form 8915-B is typically April 15th, or the tax-filing deadline, of the year following the year of the qualified distribution.