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IRA Withdraw For First Time Home Purchase
Hello,
In 2020 my wife and I withdrew 25k from my IRA for our first home purchase.
We then deposited 17k back into the account within the same year.
The turbotax software is saying that the limit for a withdrawal for a first time home purchase is 10k.
I'm wondering if there is a way to file a withdraw of 25k and then file that I put 17k back and the other 8k was for a first time home purchase?
Thank you so much for your time and help!
Tyler
‎November 27, 2021
1:01 PM