- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Yes, you can withdraw $10,000 from a retirement fund to build a home. This will be taxed as ordinary income, but you can avoid the 10% additional early distribution tax. The IRS allows the withdrawal from an IRA, SEP, SIMPLE IRA, and SARSEP.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 13, 2022
6:34 PM