Community
:
Discussions
:
Taxes
:
Retirement
:
Withdrew money from IRA, paid 20% in federal tax and used remainder to pay off loan in my current 401k with my employer. do I need to pay the 10% penalty?
2jacobsadders
New Member
Mark as New
Bookmark
Subscribe
Subscribe to RSS Feed
Permalink
Print
Report Inappropriate Content
Withdrew money from IRA, paid 20% in federal tax and used remainder to pay off loan in my current 401k with my employer. do I need to pay the 10% penalty?
loan payoff was in 401k with current employer.
Topics:
TurboTax Deluxe Windows
‎June 4, 2019
5:54 PM
