Do I qualify for 401K tax exemption due of disability. I went out on LOA on 12/17/20 not returning. I am in process of filing for social security disability.
02560
2 Replies
DawnC
Expert Alumni
Apr 14, 2022 1:18:22 PM
Did you take a 401K distribution and receive a Form 1099-R for 2021?
SweetieJean
Level 15
Apr 14, 2022 3:20:54 PM
401K tax exemption
There is no exemption from taxes due, but you may be able to avoid the 10% early withdrawal penalty.