qbteachmt
Level 15

"how you can use the home-buyer exclusion to avoid a 10% penalty that was already avoided when it was a COVID distribution."


You can't. That's the point. The same money can't do two things. And 2020 money cannot change purpose in 2021 tax reporting. Home buyer exclusion isn't a deferrable reporting option, either.

You know what they say: Pick a lane.

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