I was furloughed and had 191.43 in my retirement account and they closed out my account and disbursed the money to me. Is there any way not to have to pay taxes on it?
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I was furloughed and had 191.43 in my retirement account and they closed out my account and disbursed the money to me. Is there any way not to have to pay taxes on it?
I was furloughed and had 191.43 in my retirement account and they closed out my account and disbursed the money to me. Is there any way not to have to pay taxes on it?
Well, you could have rolled it over to an IRA within 60 days. But the taxes on $191 are not much.
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