VolvoGirl
Level 15
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Retirement tax questions

The 10% Early Withdrawal Penalty is automatically included in your tax return and tax due (or reduces your refund).  It will break out and show the 10% penalty separately on your return (schedule 2 line 6 which goes to 1040 line 23).  Then you get credit for all the withholding taken out on 1040 line 25b.

 

 

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