1099R withdrawl Cares Act

Mar 03, 2021 0 Replies

I am 75, will my RMD from a 1099R be eligible for the Cares act provision of spreading the amount over 3 years (providing I can claim Covid issues).



Every time I read about it, the early withdrawal penalty seems to confuse the issue for me.



I also returned some of the withdrawal. Also, how is the returned amt. applied, all for this year or is that spread out over the 3 years, it would be help.



Tks all



BW Syracuse,NY


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