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Will I qualify for eligible emergency expenses deductions after I closed out a 401K from a former employer when I was injured and lost my current job?
I have already paid the add'l penalty for the early withdrawal. Because I was injured and lost my job, I needed the 401K money for expenses as I was unable to work. Can this qualify for the emergency expenses deduction of $1000?
‎February 24, 2025
7:11 PM