1099-R

[karenmiller]

I have client who withdraw $60,000 from his IRA.  He is retired - wants to spread the taxes over  3 years per the CARES act.    Did not have COVID and is retired.  Does he qualify to do this?

[qbteachmt]

"Does he qualify to do this?"

Have you read the rules and provisions?

[qbteachmt]

You should refer to the IRS:

https://www.irs.gov/newsroom/coronavirus-related-relief-for-retirement-plans-and-iras-questions-and-...