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My understanding is that I can take out $100K from my IRA without penalty because of the Care Act. The question is do I need pay the taxes all now or over 3 yrs?
georgewalker133
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My understanding is that I can take out $100K from my IRA without penalty because of the Care Act. The question is do I need pay the taxes all now or over 3 yrs?
I also read that if I pay back the $100K in years I will be reimbursed the taxes I pay.
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TurboTax Deluxe Online
‎December 6, 2020
9:24 AM
