I pulled money at of my annuity to put a deposit on a home for my som which I am a cosigner can I deduct that. 11,000

[Fern · Accepted solution]

This withdrawal does not qualify for first time home buyer down-payment penalty tax exclusion. First, this exception is for funds withdrawn from a Traditional IRA or a Roth IRA. It does not apply to withdrawals from other types of retirement accounts. Secondly, you would need to be buying the home as your primary residence.