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Retirement tax questions
I have taken 401k due to covid related in 2020 and distributed it over a three-year period.(2020,2021,2022)Is it possible to pay everything in 2021 tax income or the 2020 election to recognize income over a three-year period is irrevocable? I do not wait for 2020 since my income will be higher in 2020 and would like to pay the taxes in 2021. Any help would be apperciated.
March 31, 2022
11:33 AM