The IRS has issued a new "forever" form for taxpayers who took early distributions related to COVID-19 from their qualified retirement accounts in 2020. "Form 8915-F is a forever form" and replaces ...
Q. I took a COVID hardship withdrawal from my 401(k). I understand that I have to claim it as income either at once or over three years on my tax return if I don’t pay it back within three years. But ...
When the CARES Act passed last spring we wrote about the provisions, which allowed IRA & 401(K) holders to access their accounts while avoiding tax consequences. We also noted that the devil is often ...
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