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

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

maymayto5
New Member

I left a 14 year career to care for my terminally ill mom. Is any of the 401K that I lived off of and paid for her funeral deductible or exempt?

 
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
JulieR
Expert Alumni

I left a 14 year career to care for my terminally ill mom. Is any of the 401K that I lived off of and paid for her funeral deductible or exempt?

The following information explains the current exceptions to the penalty for an early withdrawals. https://ttlc.intuit.com/replies/5881082

I left a 14 year career to care for my terminally ill mom. Is any of the 401K that I lived off of and paid for her funeral deductible or exempt?

Note that all of the above exceptions (such as Death) refer to YOU, not to your Mother.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies