https://ttlc.intuit.com/community/taxes/discussion/401k-withdrawal/01/2793239#M1027956 <P>If I take money out of my 401k or Ira am I required to file taxes even though I'm below the amount required to file taxes?&nbsp;</P> Tue, 10 Mar 2026 06:46:45 GMT Dman66 2026-03-10T06:46:45Z https://ttlc.intuit.com/community/taxes/discussion/401k-withdrawal/01/2793239#M1027956 <P>If I take money out of my 401k or Ira am I required to file taxes even though I'm below the amount required to file taxes?&nbsp;</P> Tue, 10 Mar 2026 06:46:45 GMT https://ttlc.intuit.com/community/taxes/discussion/401k-withdrawal/01/2793239#M1027956 Dman66 2026-03-10T06:46:45Z https://ttlc.intuit.com/community/taxes/discussion/re-401k-withdrawal/01/2793327#M1027957 <P>Hello there!</P> <P>If you are below 59 1/2 years, I would recommend that you file a tax return as there is potential that you could owe a 10% penalty on the withdrawal.</P> <P>&nbsp;</P> <P>You should also consider your state filing requirements as some states have very low thresholds for filing.</P> Wed, 16 Nov 2022 23:48:14 GMT https://ttlc.intuit.com/community/taxes/discussion/re-401k-withdrawal/01/2793327#M1027957 drc845443 2022-11-16T23:48:14Z