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I reported 24k cares act disaster distribution in 2020 with tax 3yr repayment. This year TT calculated my payment to be 1/3 of 24k to be 16k. Doesn't seem correct. Is it?
Reporting second year of 2020 Cares Act 1099-R. Is TT calculation correct? Seems to me 1/3 of 24 is 8/year for 3 years, no?
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March 26, 2022
9:01 AM