I took money out of a qualified 401K plan for college tuition, how do I report that to avoid the 10% penalty

griffithdk1 · ‎June 6, 2019

IreneS · ‎June 6, 2019

Unfortunately, the exception to the early withdrawal penalty for higher education expenses applies only to IRAs and not qualified retirement plans..

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IreneS · ‎June 6, 2019

Unfortunately, the exception to the early withdrawal penalty for higher education expenses applies only to IRAs and not qualified retirement plans..

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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I took money out of a qualified 401K plan for college tuition, how do I report that to avoid the 10% penalty