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Get your taxes done using TurboTax
@Lexifrise wrote:
just so I'm understanding correctly people pay income tax and a 10 % penalty on early withdrawls but since I'm disabled I dont have to pay the 10% but I have to pay taxes on the withdrawl amount because when I was working and putting the money into the savings I wasnt paying taxes on it so when I take it out I have to pay taxes on it then is that right?
You understand correctly.
‎April 4, 2020
11:14 AM