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New Member
posted Jun 5, 2019 3:01:12 PM

If I take a distribution from my retirement account to pay the IRS, is it taxable like every other distribution or is there an exception?

I am retired from a municipal Fire Department and fall under the 50 year old rule regarding distributions.

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1 Best answer
New Member
Jun 5, 2019 3:01:13 PM

There is no exception for using a withdrawal for paying income tax.

1 Replies
New Member
Jun 5, 2019 3:01:13 PM

There is no exception for using a withdrawal for paying income tax.