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Can my 401k withdrawal info be corrected?
I took a hardship withdrawal from my Roth IRA due to unemployment. This money was already taxed & since I'm in a financial hardship, my bank confirmed I would not be taxed on this money again. When I confirmed the information TurboTax had automatically pulled from my bank, the next screen kicked me out of that section & the amount I owed the Federal government jumped significantly, equaling 25% of my withdrawal. How can this be corrected?
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‎April 10, 2024
12:28 PM