Retirement tax questions


@fanfare wrote:

That doesn't sound like  a COVID related distribution.

It sounds like a distribution related to a loan.

 

Drop the "L" code and see what happens.

Of course, to file that way would be a false return.


Filing without the L would guarantee a IRS audit and a bill for back tax plus interest and penalties

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**