Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Dec 26, 2022 6:01:29 AM

The taxes just ask me about distribution funds for 2018, 2019 and 2020 what does that mean, and if they did get it what does that mean?

If you got the disaster relief fund does that mean they take it out of your taxes?

0 1 382
1 Replies
Level 15
Dec 26, 2022 6:35:18 AM

If you received a disaster distribution from a retirement account, you had the option to spread this taxable income equally over 3 years.  You also have the option to repay the distribution within 3 years.  TurboTax asks the question about disaster distributions to determine if either of these options apply.