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Retirement tax questions
You should talk to the IRA custodian and see if you can get them to issue you a corrected 1099-R. Otherwise you will have to pay the 10% excise tax (penalty) for early withdrawal, and also ordinary income tax based on the percentage of pre-tax and after tax funds you had in the IRA. But as I said, contact the custodian and try to get a corrected 1099-R.
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‎January 31, 2023
8:40 PM