Q. My wife and I took out money from her 401(k) as a coronavirus-related distribution. We claimed the income on 2020 taxes with the 1099 sent to us. However, we used Form 8915-E and only paid taxes on ...
Q. I took a COVID hardship withdrawal from my 401(k). I understand that I have to claim it as income either at once or over three years on my tax return if I don’t pay it back within three years. But ...