Disaster Distribution Turbotax 2024. Apparently, from the situation you described , all your distributions were used up in the prior years of 2020, 2021. It then told me i'd need to revisit this area and.
I’m on the screen that asks if i took any disaster distribution between 2018 and 2020 and i’m not sure how to answer. The most significant helping hand offered by the irs, the casualty loss deduction, provides an accelerated tax refund when you live in an area proclaimed as a federally.
Which I Did Take One In 2020 That Was Something Related To Covid So I Selected Yes, I Took A Disaster Distribution Between 2018 And 2022.
By forrest baumhover february 19, 2024 reading time:
Roughly 37% Of Taxpayers Qualify.
Offer only available with turbotax live assisted basic and for those filing form 1040 and limited credits only.
Did Either Of You Take A Disaster Distribution At Any Time Between 2018 And 2022? Answer:.
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Offer Only Available With Turbotax Live Assisted Basic And For Those Filing Form 1040 And Limited Credits Only.
What is a qualified disaster distribution?
Written By A Turbotax Expert โข Reviewed By A Turbotax Cpa Updated For Tax Year 2022 โข January 19, 2024 12:12.
Have you ever taken a disaster distribution before 2021? answer:
Under The Secure 2.0 Act, The Qualified Disaster Distribution Period For A Qualified Disaster Commences On The Date The Disaster Begins And Ends 179 Days After The Latest Of The.
