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Level 3
February 16, 2022
Question

Can a 2020 Roth Conversion be paid over 3 years per the Cares Act?

  • February 16, 2022
  • 2 replies
  • 10 views
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2 replies

Level 7
February 16, 2022

Not sure but I really doubt it.

qbteachmt
Level 15
February 16, 2022

There is no provision in the CARES Act that covers Conversions.There were some rollover provisions and some RMD provisions and some repayment provisions. You seem to be thinking about the "early" withdrawal due to declared disaster, and in 2020 covid was one of these declared disasters. That doesn't apply in 2021, by the way.

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