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Does withdrawing from 401k in 2021 due to covid count as a qualified disaster?

 
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2 Replies
LeonardS
Expert Alumni

Does withdrawing from 401k in 2021 due to covid count as a qualified disaster?

Yes, to qualify for the 401K disaster withdrawal the distribution has to have occurred through June 25, 2021.

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Does withdrawing from 401k in 2021 due to covid count as a qualified disaster?

@LeonardS  @jonathanramirez9 

 

You are not correct.

There are no qualified disasters designated for 2021.

The tax software will not let you select 2021.

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