mikehouser42
Returning Member

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?