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givemhllharry
New Member

Can I get any of that tax back that was paid on IRA withdrawl

A few years and I needed money to pay bills and withdrew some money from my IRA. I was not yet 59 1/2 years old so I paid penalty, but also was charged taxes on money that was contributed after taxes. Assumption was that I had contributed  Pre-tax. Can I get any of that tax back?

1 Best answer

Accepted Solutions
SweetieJean
Level 15

Can I get any of that tax back that was paid on IRA withdrawl

Answered in comments.

View solution in original post

5 Replies
SweetieJean
Level 15

Can I get any of that tax back that was paid on IRA withdrawl

How many years ago?
TomYoung
Level 13

Can I get any of that tax back that was paid on IRA withdrawl

You basically have 3 years "open" to you to file an amended income tax return to receive a refund.  So when did this event take place?
re2boys
Level 9

Can I get any of that tax back that was paid on IRA withdrawl

Funds in an IRA are assumed to be pre-tax unless you reported the after-tax contributions to the IRS (Form 8606) for the year that the after tax contributions were made.
givemhllharry
New Member

Can I get any of that tax back that was paid on IRA withdrawl

thanks Question answered
SweetieJean
Level 15

Can I get any of that tax back that was paid on IRA withdrawl

Answered in comments.

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