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How do I treat a 401(k) COVID withdrawal on my tax return? Updated Mar 09, 2021; Q. I took a $33,500 Cares Act withdrawal in 2020. I had 20% federal and 10% state tax withheld. I am planning to spread the taxes over three years. I am filing married jointly and our total household income will be roughly $180,000, not including the 401(k) withdrawal. We have two kids and rent a home, and we work at home so maybe we have more deductions, but I have no idea how to treat the 401(k) withdrawal. Unsure A. As you noted, there are special rules for distributions taken in 2020.

Michael karuArmed forces reservistJacobs coEmployee business expensesQualified performing artistsFee basis stateLocal government officialsImpairment related work expensesமைக்கேல் கருஜாகோப்ஸ் இணைஊழியர் வணிக செலவுகள்தகுதி நிகழ்த்துகிறது கலைஞர்கள்கட்டணம் அடிப்படையில் நிலைஉள்ளூர் அரசு அதிகாரிகள்குறைபாடு தொடர்புடையது வேலை செலவுகள்