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Premature Distribution during VIRUS

When a premature distribution is made, it needs to be marked as a coronavirus-related distribution.  The distribution can be made any time in 2020 up to an aggregate limit of $100,000 and the 10% additional tax is waived.  You can also spread out the tax burden over three years (2020, 2021, and 2022) or decide to include the entire distribution in your income for the year of the distribution.