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I am thinking of withdrawing 10k from my IRA to build a home. Is the penalty exception for the 10% for gross or net of the 10k withdrawn from the IRA?
I want to make sure I withhold enough to cover federal taxes and didn't know if I could get the full 10k and then add the federal tax or is the 10k the maximum including the taxes I need.
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‎February 10, 2022
1:32 PM