I made a withdrawal from my Roth IRA account in Dec 2017 to purchase a primary residence. Closing has not been completed yet. How do I note this on my taxes?
I made a withdrawal from my Roth IRA account in Dec 2017 to purchase a primary residence. Closing has not been completed yet. How do I note this on my taxes?
If you are trying to avoid a penalty for an early withdrawal, you will be asked if you used the money to purchase a first-time primary residence, you will be asked if you used the money or that purpose. Say Yes, it does not matter that the closing will come in 2018.
I made a withdrawal from my Roth IRA account in Dec 2017 to purchase a primary residence. Closing has not been completed yet. How do I note this on my taxes?
If you are trying to avoid a penalty for an early withdrawal, you will be asked if you used the money to purchase a first-time primary residence, you will be asked if you used the money or that purpose. Say Yes, it does not matter that the closing will come in 2018.
Sign In
