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And, taking money out of a 401k to purchase a first home is not an exception to the early withdrawal penalty like it could be for a traditional IRA. You should have a 1099R for the distribution from your 401k.
Go to Federal> Wages and Income>Retirement Plans and Social Security>IRA 401 k) Pension Plan Withdrawals to enter your 1099R.
And, taking money out of a 401k to purchase a first home is not an exception to the early withdrawal penalty like it could be for a traditional IRA. You should have a 1099R for the distribution from your 401k.
Go to Federal> Wages and Income>Retirement Plans and Social Security>IRA 401 k) Pension Plan Withdrawals to enter your 1099R.
No. Must be Your first home, Your SSAN ...
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