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Retirement tax questions
I have experienced considerable losses of rental income due to tenants being unemployed due to COVID-19. In addition to retirement income, I am self-employed in managing rental repertories that I own. Would this loss of self-employment income due to COVID allow me to treat routine required distributions from 403b abd 457b accounts as coronavirus-related distributions, and return the distributions to those accounts and thereby avoid the taxes I would otherwise pay on them?
March 9, 2021
9:43 AM