Get your taxes done using TurboTax

@Raiden2a 

I don't think you can do that...! From your statement I assume you receive your disaster fund in 2021. You can either pay tax on the full payment you received in 2021,or pay taxes on 1/3 of when you file your 2021 return. If you go latter, then you have to pay tax on the second 1/3 in 2022 and the last 1/3 in 2023. You cannot pay taxes on the 2/3 in 2022...!