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

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

mechanizd
New Member

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?

 
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.

1 Reply

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?

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

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question