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New Member
posted Jun 6, 2019 10:26:59 AM

I early withdrew $4K from Roth IRA to repair home due to Hurricane Irma. If i wait and complete the Hurricane Relief form, is there any benefit?

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1 Replies
New Member
Jun 6, 2019 10:27:01 AM

You will be exempted from the early withdrawal penalty of 10% if you live in a federally declared disaster area.

Follow this link for more information 

https://ttlc.intuit.com/replies/6401440

What tax relief can I get if I’ve been affected by Hurricanes Harvey, Irma or Maria?https://ttlc.intuit.com/replies/6469982
What tax relief can I get if I’ve been affected by Hurricanes Harvey, Irma or Maria?
What tax relief can I get if I’ve been affected by Hurricanes Harvey, Irma or Maria?