Moeg1
New Member

What if I took $50,000 from my IRA and used it for down payment on a first time home

If I took out $50,000 from my IRA and used all of it as down payment for a first time home do I report all $50,000 in TurboTax section where it asks "did you use your IRA to pay for any of these expenses?" or do I only get to put $10,000 in that section?