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Retirement tax questions
Separate. If you are affected by any federally declared natural disaster, you can take money out from retirement plans with special rules. Covid is not a federally declared natural disaster under these special rules, but a different set of special rules was passed by Congress to cover Covid. The two are reported on the same form, so TurboTax needs to know if you took out a previous disaster distribution, such as for a hurricane or wildfire.
‎June 3, 2022
7:57 AM