https://ttlc.intuit.com/community/taxes/discussion/re-early-withdrawal/01/2580859#M925146 <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Yes, you can withdraw $10,000 from a retirement fund to build a home. This will be taxed as ordinary income, but you can avoid the 10% additional early distribution tax. The&nbsp;<A href="https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-tax-on-early-distributions" target="_blank">IRS</A>&nbsp;allows the withdrawal from an IRA, SEP, SIMPLE IRA, and SARSEP.</SPAN></SPAN></P> Mon, 14 Mar 2022 01:34:44 GMT PattiF 2022-03-14T01:34:44Z https://ttlc.intuit.com/community/taxes/discussion/early-withdrawal/01/2580821#M925125 <P>Can I withdrawal retirement funds to build a home</P> Mon, 09 Mar 2026 08:06:00 GMT https://ttlc.intuit.com/community/taxes/discussion/early-withdrawal/01/2580821#M925125 lfrugoli953 2026-03-09T08:06:00Z https://ttlc.intuit.com/community/taxes/discussion/re-early-withdrawal/01/2580859#M925146 <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Yes, you can withdraw $10,000 from a retirement fund to build a home. This will be taxed as ordinary income, but you can avoid the 10% additional early distribution tax. The&nbsp;<A href="https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-tax-on-early-distributions" target="_blank">IRS</A>&nbsp;allows the withdrawal from an IRA, SEP, SIMPLE IRA, and SARSEP.</SPAN></SPAN></P> Mon, 14 Mar 2022 01:34:44 GMT https://ttlc.intuit.com/community/taxes/discussion/re-early-withdrawal/01/2580859#M925146 PattiF 2022-03-14T01:34:44Z