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Can we take 401K withdrawal and give as gift to adult child without being taxed?
lifeiskids
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Can we take 401K withdrawal and give as gift to adult child without being taxed?
We want to gift money ($20K) from our 401K to our adult child but do not want to raise our taxable income for 2022.
Topics:
TurboTax Deluxe Online
February 16, 2022
9:04 AM
