As indicated by DoninGA the amount of funds for emergency maintenance on your home is limited.
- Distributions using the financial emergency exception are limited to one per calendar year and a maximum amount of $1,000
- For more information and future possibilities you can view the links below:
Be sure to enter the correct codes in box 7, when entering your 1099-R into TurboTax. TurboTax will ask the appropriate questions for your return and the retirement distribution.
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