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Get your taxes done using TurboTax
if you divided your COVID related tax-deferred distribution by 3.0 last year, you owe tax on one-third of that.
It would be good if the tax software was smart enough to carry that forward. I don't know what TurboTax is going to do about that..
It would be a big distribution to be taxable after standard deduction with no other income yet entered.
‎December 14, 2021
8:00 PM