- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
State tax filing
No. The 10% penalty is applied to the taxable amount of the distribution, not to the total amount distributed. Since there are no earnings, in the account, there are no earnings in a partial distribution and no taxable amount to apply the penalty to.
‎June 29, 2022
8:33 AM