Covid and IRA distributions – The Burns Firm – Advisors of Complex Financial Matters

Following Up on Coronavirus-Related Distributions from IRAs

September 28th, 2021|Categories: Burns Firm, Covid-19, COVID-Related Tax Relief Act (COVIDTRA), Dallas CPA, Dallas tax return preparer, Dallas tx accountant, IRA, Retirement Plan, Tax, Tax Deductions, The Burns Firm|Tags: contributing to your IRA, Coronavirus related IRA disstributions, Covid and IRA distributions, CPA Dallas, cpa near me, Dallas CPA, IRA distribution and coronavirus, IRA distribution and tax, IRA distributions taken during coronavirus, tax preparer near me, The Burns Firm|

If you were adversely affected by the COVID-19 pandemic, you may have taken a tax-favored coronavirus-related distribution (CVD) from a traditional IRA last year. This privilege was allowed under the CARES [...]