pbergman9
New Member

Retirement tax questions

One of the reason I asked for an extension on my turbo tax account : 1.  On my federal return, I paid the income tax of the amount taken out when it was dispersed to my eldest son whom the money was directly deposited into his school account for tuition expenses, only.  Why is my return being held up as the online efiling method appears to think I took out the money to just spend.   Why would I take out an early withdraw, pay 472.22 in taxes, and just spend it on myself ? Not the way I did it.  .