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summercomer
January 17, 2022
Question

Is Covid a qualified disaster in regards to withdrawal from retirement?

  • January 17, 2022
  • 2 replies
  • 0 views
No text available

2 replies

Critter-3
Critter-3
January 17, 2022

Not for 2021. 

M
MinhT1
January 17, 2022

The Cares Act provides favorable tax treatments for Covid-related retirement distributions made between January 1 and December 31, 2020. This treatment is not extended to distributions made in tax year 2021.

 

Please read this IRS FAQ for more information.

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