Part — Instruction 8915-F — Instructions for Form

2021 Form 8915-F (2020 disasters). On 2021 Form 8915-F (2020 disasters), qualified distributions can only be reported for the Alaska (4585-DR-AK) disaster.

Complete Part IV of 2021 Form 8915-F (2020 disasters) if, on January 1, 2021, you received a qualified distribution described in Qualified 2020 disaster areas under Qualified Distribution for the Purchase or Construction of a Main Home in Qualified Disaster Areas, earlier, for the Alaska (4585-DR-AK) disaster. You must complete the required lines of Part IV if you received a qualified distribution for the Alaska (4585-DR-AK) disaster on January 1, 2021, even if you made no repayments in 2021. Any portion of the qualified distribution not repaid before June 26, 2021, for the Alaska (4585-DR-AK)

disaster will not be allowed the special tax benefits available to qualified distributions.

If you are required to file 2021 Form 8606, complete that form before you complete Part IV.

Note: A distribution for the purchase or construction of a main home may be treated as a qualified 2020 disaster distribution in certain circumstances. See Qualified 2020 disaster areas under Qualified Distribution for the Purchase or Construction of a Main Home in Qualified Disaster Areas, earlier.

Qualified distributions for 2021 and later disasters. Qualified distributions can be reported for qualified 2021 and later disasters. Complete Part IV of this year’s Form 8915-F for your disasters in item C if, this year, you received a qualified distribution described in Qualified Distribution for the Purchase or Construction of a Main Home in Qualified Disaster Areas , earlier, for the disasters you listed in the table at the top of Part IV on page 4 of this year’s Form 8915-F. You must complete the required lines of Part IV if you received a qualified distribution, even if you made no repayments this year. Any portion of the qualified distribution not repaid by the end of the disaster’s qualified distribution repayment period will not be allowed the special tax benefits available to qualified distributions. If the repayment period for a qualified distribution for a disaster ends next year, repayments for that qualified distribution can be made in the next year and will be reported on an amended return for this year.

Example 1. A distribution Mosley received in February 2022 is a qualified distribution for the following 2022 disaster: the Virginia Severe Winter Storm and Snowstorm disaster (DR-4644-VA) (beginning date January 2, 2022) (declaration date March 11, 2022). Mosley can make repayments for this disaster through June 27, 2023. Mosley reports the distribution on their 2022 Form 8915-F, Part IV, as a qualified distribution. Mosley attaches the Form 8915-F to their 2022 tax return. Mosley doesn’t make a repayment until May 2023. The repayment must be reported on an original or amended 2022 Form 8915-F, as applicable.

Example 2. A distribution Mosley received on December 15, 2022, is a qualified distribution for the following 2023 disaster: the Montana Flooding disaster (DR-4745-MT) (beginning date June 1, 2023) (declaration date October 11, 2023). Mosley can make repayments for this disaster through April 8, 2024. Mosley reports the distribution on Form 8915-F, Part IV, as a qualified distribution. Mosley doesn’t make a repayment until March 2024. The repayment must be reported on an original or amended 2023 Form 8915-F, as applicable.

If you are required to file this year’s Form 8606, complete that form before you complete Part IV.

Note: A distribution for the purchase or construction of a main home may be treated as a qualified disaster distribution made in this year in certain circumstances. See Qualified 2020 disaster areas and Qualified 2021 and later disaster areas under Qualified Distribution for the Purchase or Construction of a Main Home in Qualified Disaster Areas, earlier.

Instructions for Form 8915-F (Rev. 12-2025) 25

Lines 27 Through 32 You must complete lines 27 and 28 and all other applicable lines of Part IV for your qualified distribution(s).

Line 27. If you check “Yes,” but are not required to complete lines 28 through 32, you must still file the required Form 8915-F to show that you received a qualified distribution.

Line 28. Enter on line 28 your qualified distributions you received for the purchase or construction of a main home in the disaster area. See Qualified Distribution for the Purchase or Construction of a Main Home in Qualified Disaster Areas , earlier.

Don’t include any distributions you designated as qualified disaster distributions reported on line 8 or line 20 of your Form 8915-F. Also, don’t include any amounts reported on this year’s Form 8606.

If you included an amount from line 7 on line 28, reduce line 7 by that amount. On the dotted line to the left of line 7, enter “$________ qualified distribution for Part IV, line 28.” See Line 7 , earlier, for more details.

Line 29. Enter on line 29 your cost, if any. Your cost is generally your net investment in the plan. It does not include pre-tax contributions. If there is an amount in box 2a of Form 1099-R, the difference between box 1 and box 2a of Form 1099-R is usually your cost. See Pub. 575 for more information about figuring your cost in the plan.

In many cases, a hardship distribution from a 401(k) plan or a tax-sheltered annuity contract will not have any cost.

If you received a first-time homebuyer distribution from an IRA, don’t enter any amount on line 29. Any cost or basis in an IRA is figured on this year’s Form 8606 if you made nondeductible contributions.

If you have a Form 1099-R with both qualified