dascpa
		
		
		
		
		
		
		
		
	
			
		
		
			
					
		
	
	
			Level 12
		
	
				
		
	
		
			
    
	
		
		
		02-13-2021
	
		
		02:25 PM
	
	
	
	
	
	
	
	
	
	
	
	
	
	
		
	
				
		
			- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Many investment advisors told clients they could take up to $100,000 and spread the taxes over 3 years. But they forgot to include that there must a COVID related reason for the distribution. To answer your question - yes, I've had any clients think it was an easy way to get income averaging and now they're finding out the truth.