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reduce the amount of the distributionincluded in your income.Also, qualified 2020 disaster distributionsaren’t subject to the additional 10% tax onearly distributions.If a taxpayer who received aqualified 2020 disaster distributionCAUTION dies in 2020, the distribution may notbe spread over 3 years. The entiredistribution must be reported on the return ofthe deceased taxpayer.!Qualified 2020 DisasterDistribution RequirementsA distribution is not a qualified 2020disaster distribution if it is listed inCAUTION Distributions that are not qualified2020 disaster distributions, later. Also seeLimit, later, for the dollar limit on qualified2020 disaster distributions.!Types of Qualified 2020 DisasterDistributionsQualified 2020 disaster distributions fall intotwo categories: coronavirus-relateddistributions and qualified 2020 disasterdistributions other than ed distributions. Acoronavirus-related distribution is aretirement plan distribution that was made:1. In 2020 before December 31, 2020;and2. To a qualified individual. SeeQualified individuals next for details.If (1) and (2) apply, you can generallydesignate any distribution (including periodicpayments and required minimumdistributions) from an eligible retirement planas a coronavirus-related distribution,regardless of why the distribution was made.Coronavirus-related distributions arepermitted without regard to your need. SeeEligible retirement plan, later, for the list ofplans from which coronavirus-relateddistributions can be made.A reduction or offset of your accountbalance in an eligible retirement plan (otherthan an IRA) in order to repay a loan can alsobe designated as a qualified 2020 disasterdistribution. See Distribution of plan loanoffsets, later.Qualified individuals. You are aqualified individual if you are an individualmeeting any of the following criteria.1. You were diagnosed with the virusSARS-CoV-2 or with coronavirus disease2019 (referred to collectively in theseinstructions as coronavirus) by a testapproved by the Centers for Disease Controland Prevention (including a test authorizedunder the Federal Food, Drug, and CosmeticAct).2. Your spouse or dependent (asdefined in section 152) was diagnosed withcoronavirus by a test approved by theCenters for Disease Control and Prevention(including a test authorized under theFederal Food, Drug, and Cosmetic Act).3. You experienced adverse financialconsequences as a result of you, yourspouse, or a member of your household (asdefined next): Being quarantined, being furloughed orlaid off, or having work hours reduced due tocoronavirus; Being unable to work due to lack ofchildcare due to coronavirus; Having to close or reduce the hours of abusiness you, your spouse, or a member ofyour household owned or operated due tocoronavirus; or Having a reduction in pay (orself-employment income) due to coronavirusor having a job offer rescinded or start datefor a job delayed due to coronavirus.Member of your household. Forpurposes of determining whether you are aqualified individual, anyone who shares yourprincipal residence is a member of yourhousehold.Qualified 2020 disaster distributions other than coronavirus-related distributions.A distribution may be a qualified 2020disaster distribution even if it is notcoronavirus-related. The qualified 2020disaster distributions that are notcoronavirus-related must meet the followingcriteria. You must meet these requirementsseparately for each of your disasters otherthan the coronavirus that you are reportingon 2020 Form 8915-E.1. The distribution was made in 2020 onor after the first day of the disaster.2. Your main home was located in aqualified 2020 disaster area listed in Table 1at any time during the disaster period shownfor that area in Table 1. The qualified 2020disaster area is the state, territory, or tribalgovernment in which the disaster occurs.3. You sustained an economic lossbecause of the disaster(s) in (2) above.Examples of an economic loss include, butaren’t limited to, (a) loss, damage to, ordestruction of real or personal property fromfire, flooding, looting, vandalism, theft, wind,or other cause; (b) loss related todisplacement from your home; or (c) loss oflivelihood due to temporary or permanentlayoffs.If (1) through (3) apply, you can generallydesignate any distribution (including periodicpayments and required minimumdistributions) from an eligible retirement planas a qualified 2020 disaster distribution,regardless of whether the distribution wasmade on account of a qualified 2020disaster. Qualified 2020 disaster distributionsare permitted without regard to your need orthe actual amount of your economic loss.See Eligible retirement plan, later, for the listof plans from which qualified 2020 disasterdistributions can be made.A reduction or offset of your accountbalance in an eligible retirement plan (otherthan an IRA) in order to repay a loan can also-2-be designated as a qualified 2020 disasterdistribution. See Distribution of plan loanoffsets, later.Distributions that are not qualified 2020disaster distributions. The followingdistributions are not qualified 2020 disasterdistributions even if the disaster is listed inTable 1. Corrective distributions of electivedeferrals and employee contributions thatare returned to the employee (together withthe income allocable thereto) in order tocomply with the section 415 limitations. Excess elective deferrals under section402(g), excess contributions under section401(k), and excess aggregate contributionsunder section 401(m). Loans that are treated as deemeddistributions pursuant to section 72(p). Dividends paid on applicable employersecurities under section 404(k). The costs of current life insuranceprotection. Prohibited allocations that are treated asdeemed distributions pursuant to section409(p). Distributions that are permissiblewithdrawals from an eligible automaticcontribution arrangement within the meaningof section 414(w). Distributions of premiums for accident orhealth insurance under Treasury Regulationsection 1.402(a)-1(e)(1)(i).Limit. For each qualified 2020 disaster, thetotal of your qualified 2020 disasterdistributions from all plans is limited to 100,000. If you have distributions frommore than one type of plan, such as a 401(k)plan and an IRA, and the total exceeds 100,000 for a qualified 2020 disaster, youmay allocate the 100,000 limit among theplans by any reasonable method.Eligible retirement plan. An eligibleretirement plan can be any of the following. A qualified pension, profit-sharing, orstock bonus plan (including a 401(k) plan). A qualified annuity plan. A tax-sheltered annuity contract. A governmental section 457 deferredcompensation plan. A traditional, SEP, SIMPLE, or Roth IRA.Distribution of plan loan offsets. Adistribution of a plan loan offset is adistribution that occurs when, under theterms of a plan, the participant’s accruedbenefit is reduced (offset) in order to repay aloan. A distribution of a plan loan offsetamount can occur for a variety of reasons,such as when a participant terminatesemployment or doesn’t comply with theterms of repayment. Plan loan offsets aretreated as actual distributions and arereported in Form 1099-R, box 1.Main Home. Generally, your main home isthe home where you live most of the time. Atemporary absence due to specialcircumstances, such as illness, education,business, military service, evacuation, orvacation, won’t change your main home.Instructions for Form 8915-E (2020)

Additional TaxQualified 2020 disaster distributions aren’tsubject to the additional 10% tax (or the 25%additional tax for certain distributions fromSIMPLE IRAs) on early distributions andaren’t required to be reported on Form 5329.However, any distributions you received inexcess of the 100,000 qualified 2020disaster distribution limit may be subject tothe additional tax and may be reportable onForm 5

Form 8915-E!