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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?
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‎June 6, 2019
4:46 AM