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New Member
posted Apr 16, 2022 10:11:57 AM

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

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2 Replies
Expert Alumni
Apr 16, 2022 10:36:57 AM

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

Level 15
Apr 16, 2022 12:40:03 PM

@LeonardS  @jonathanramirez9 

 

You are not correct.

There are no qualified disasters designated for 2021.

The tax software will not let you select 2021.