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Retirement tax questions
You can always withdraw your own Roth contributions tax and penalty free. Since there is no penalty for the Roth in the first place there is no need to use the $10,000 lifetime home buyers exclusion for it. You will still have a $4,300 exclusion in reserve for the future. The blank line 4 indicates no penalty.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎June 4, 2019
6:15 PM