ColeenD3
Expert Alumni

Retirement tax questions

The IRS rules are straightforward. Without second guessing yourself, ask yourself, "Did I lose my job because of COVID".

 

You qualify if:

  • You, your spouse, or your dependent are diagnosed with COVID-19
  • You experience adverse financial consequences as a result of being quarantined, furloughed, or laid off
  • You had work hours reduced to COVID-19
  • You’re unable to work due to child care closure or hour reduction.

Your lack of a job in 2020 will demonstrate that you were affected.