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Retirement tax questions
It seems that the early penalty reduction is 5,000 maximum regardless of how many children you had. See HERE . It doesn't indicate that this is per child. it says children plural.
Also, I'm not sure what you mean by claiming the twins on your income tax return. Aren't you indicating this on your personal information by selecting adopted child for each of the twins that you are adopting. See here
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‎February 23, 2023
10:42 AM