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June 5, 2019
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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?

  • June 5, 2019
  • 1 reply
  • 4 views

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

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

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Answer
June 5, 2019

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