lorinana
New Member

I just want to be sure. I took money out of my 401 for the down payment on my home I bought in 2016. I had to pay the taxes on that amount at that time, which I did. I

to add that on this tax as additional income.  They are not going to tax me again for that money are they?  I already paid taxes on it once.  How do I know that they won't tax me again.  It made a huge difference in my return ($5300.00).  I understand I have to add it as income, but I really don't want to be taxed on it again.  Can you help me understand and feel assured it won't be?