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February 13, 2025
Question

Catastrophe Savings Account Adjustment asking for fair market value of you're principal residence?

  • February 13, 2025
  • 1 reply
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I still live with my parents

    1 reply

    February 13, 2025

    If you aren't a home owner you don't qualify to have a catastrophe savings account.  It's a tax advantaged account used to pay insurance deductibles and damages in the event of a natural disaster damaging your home.

     

    @matthew-wooley09 

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