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Rando tax question

 
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User ID: 79619601
United States
11/22/2020 02:26 PM

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Rando tax question
I’m thinking maybe someone here might be a tax attorney. I have a simple question.

I have a 401k loan that I put into deferment using the cares act. Payments are about to start back up again in jan. Can I legally using the cares act take a withdrawal at this point and turn around and use it to back the loan?

Anyone an expert?





GLP