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If you took a loan and are in repayment, you would not pay anything (no penalty and no addition to your taxable income). If you took a distribution, that amount would be considered income and if you are under 59.5 years old, the 10% penalty would be assessed.
If you took a loan and are in repayment, you would not pay anything (no penalty and no addition to your taxable income). If you took a distribution, that amount would be considered income and if you are under 59.5 years old, the 10% penalty would be assessed.
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