1 took money out of a 401K for a furnace, is that deductible?

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1 took money out of a 401K for a furnace, is that deductible?

No, that is not deductible.

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1 took money out of a 401K for a furnace, is that deductible?

No, that is not deductible.

1 took money out of a 401K for a furnace, is that deductible?

There is no direct deduction for purchasing a furnace for your home. You would owe tax on the money you took out and may owe a 10% early withdrawal penalty if you were under age 59 1/2.

You may qualify for an energy saving tax credit on the furnace.

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1 took money out of a 401K for a furnace, is that deductible?

1 took money out of a 401K for a furnace, is that deductible?

1 took money out of a 401K for a furnace, is that deductible?

1 took money out of a 401K for a furnace, is that deductible?

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1 took money out of a 401K for a furnace, is that deductible?

1 took money out of a 401K for a furnace, is that deductible?

1 took money out of a 401K for a furnace, is that deductible?

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