- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
That's right, you just have to answer the questions. It won't show on the 1099R. What code is in box 7? And what kind of account did you take it out of? The exception for buying a house is only for IRA plans, not 401K or from retirement accounts at work. And it's only an exception to the 10% Early Withdrawal Penalty. You still will owe tax on it.
March 12, 2023
3:52 PM