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CARES Act

Taxes when Re-depositing IRA Withdrawals

What are the tax impacts when re-depositing IRA withdrawals? Depending on the nature of the withdrawal, you may have some issues to deal with.

Re-depositing RMD in 2020

The IRS recently produced guidance on re-depositing RMD for 2020, allowing flexibility after the passage of the CARES Act.

401k Distributions Due to Coronavirus (CRDs)

Here’s all you need to know about 401k distributions due to coronavirus. This includes the penalty abatement, tax payment, and payback provisions.

Coronavirus Stimulus Check – 2020 Income Wrinkle

If you don’t qualify for a coronavirus stimulus check based on your 2018 & 2019 income, all is not lost. Depending on your 2020 income you may still get it.

Required Minimum Distributions for 2020

How are required minimum distributions for 2020 changed by the CARES Act? There are a few “gotchas” to consider, depending on your situation.