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Retirement tax questions
Yes, you would qualify for the automatic penalty relief since you were affected by the flood. If you are using your address on the return, then you would be eligible.
When you mail in your return, the IRS would calculate your penalty due. You can select, let the IRS calculate my penalty instead of having TurboTax do it when you get to the section for Other Tax Situations and it asks if you want to see if you qualify for a penalty waiver.
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‎April 13, 2023
10:02 AM