Re: 1099-R COVID distribution

PattiV · ‎04-13-2021

Is there an AGI phase out for the COVID related retirement distribution rules? I have a millionaire client who says he qualifies because he had a salary reduction for 4 months. He says that caused him to have adverse financial consequences. Please tell me millionaires are not eligible.

qbteachmt · ‎04-14-2021

Read the Form 8915-E instructions:

https://www.irs.gov/pub/irs-pdf/i8915e.pdf

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PattiV · ‎04-14-2021

THANK YOU

KylieCampbell · ‎04-22-2021

Thx you for sharing!

1099-R COVID distribution

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