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Level 1
March 9, 2022
Question

Disaster distribution

  • March 9, 2022
  • 1 reply
  • 0 views

In 2020 I took money out from my 401k. When I filed my taxes for 2020 I declared this and opted NOT to spread my payments over 3 years. I am trying to file my 2021 Taxes, but the software warns me that I can’t file yet because Congress is still working on passing some laws about this situation. Do I need to wait on this or should I click “No” on the question about taking out a disaster distribution in 2020? 

    1 reply

    DoninGA
    Level 15
    Level 15
    March 9, 2022

    Click on NO for the question.