turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

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.

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
DawnC
Expert Alumni

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.

Did you take a 401K distribution and receive a Form 1099-R for 2021?   

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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.

401K tax exemption 

There is no exemption from taxes due, but you may be able to avoid the 10% early withdrawal penalty.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies