3433402
You'll need to sign in or create an account to connect with an expert.
You would only get an exception for the 10% Early Withdrawal Penalty. But I don’t think that qualifies. The 10% Early Withdrawal Penalty is on Schedule 2 line 8 which goes to 1040 line 23. Then you get credit for all the withholding taken out on 1040 line 25b.
401K penalty exceptions
You would only get an exception for the 10% Early Withdrawal Penalty. But I don’t think that qualifies. The 10% Early Withdrawal Penalty is on Schedule 2 line 8 which goes to 1040 line 23. Then you get credit for all the withholding taken out on 1040 line 25b.
401K penalty exceptions
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
mburback8
New Member
mgc6288
Level 4
marcmwall
New Member
MM18
Level 1
in [Event] Ask the Experts: Investments: Stocks, Crypto, & More
user17524231336
Level 1
in [Event] Ask the Experts: Investments: Stocks, Crypto, & More