Does H.R. 3823-19 allow taxpayers to be exept from 10% penalty when withdrawing from retirement if affected by hurricane harvey? And if so, does turbo tax recognize this in their calculations of taxes due?
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As a Harvey hurricane victim, you are exempted from the early withdrawal penalty when withdrawing from your retirement plan.
Please read this TurboTax article for more information:
As a Harvey hurricane victim, you are exempted from the early withdrawal penalty when withdrawing from your retirement plan.
Please read this TurboTax article for more information:
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