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Get your taxes done using TurboTax
It's true. If you took out money from your retirement plan because of the freeze in Texas in 2021 then you can use form 8915-F to avoid paying the 10% penalty for early withdrawal. You also have up to three years from the date of the withdrawal to pay the money back into your IRA and receive a refund of the regular income taxes that were a result of the withdrawal.
Here is the IRS guidance on form 8915-F
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‎April 6, 2022
8:00 PM