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Get your taxes done using TurboTax
If the refund was paid to you in 2023, then you can offset any penalties by applying the money toward 2023 expenses (and therefore withdrawing less during 2023 for 2023 expenses).
The year you must apply toward expenses is the year you got the refund, not the year the expense was originally from.
‎August 2, 2023
6:11 PM