can I reduce the tax paid if I took out took out funds from 401k for mothers medical care, how do I reduce the tax liability
01440
1 Replies
KrisD15
Expert Alumni
Mar 28, 2025 6:10:42 AM
If your mother is your dependent and the medical bills were more than 7.5 of your Adjusted Gross Income, you could use that exception to the 10% additional tax.
TurboTax asks if there is an exception you can meet.