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  • Re: I had 2 1099-R's issued in 2018. Both were offset by 5498's as I repaid both IRA withdrawals within the 60 day period & entered 5498's for both. Why a 6% penalty?
SweetieJean
SweetieJean
Level 15
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Retirement tax questions

You are only permitted to make one IRA withdrawal/repayment every 365 days.

‎July 8, 2019 1:16 PM
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