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I just entered the distribution from my 401(k) (Form 1099-R) that I used to purchase my first home. Where do I enter this so that part of is it exempt from the penaltytax
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June 4, 2019
5:14 PM
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Retirement tax questions
You don't. Unfortunately the exception to the penalty for early withdrawal applies only to a withdrawal from an IRA. It does not apply to a 401k withdrawal for that purpose.
June 4, 2019
5:14 PM