topic Is taking money out of an IRA early to pay last years taxes we owed the same as a levy? in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/is-taking-money-out-of-an-ira-early-to-pay-last-years-taxes-we-owed-the-same-as-a-levy/01/321250#M27977 Mon, 03 Jun 2019 19:12:19 GMT ltwotimes 2019-06-03T19:12:19Z Is taking money out of an IRA early to pay last years taxes we owed the same as a levy? https://ttlc.intuit.com/community/retirement/discussion/is-taking-money-out-of-an-ira-early-to-pay-last-years-taxes-we-owed-the-same-as-a-levy/01/321250#M27977 Mon, 03 Jun 2019 19:12:19 GMT https://ttlc.intuit.com/community/retirement/discussion/is-taking-money-out-of-an-ira-early-to-pay-last-years-taxes-we-owed-the-same-as-a-levy/01/321250#M27977 ltwotimes 2019-06-03T19:12:19Z No.   A levy would be when the IRS or some other entity t... https://ttlc.intuit.com/community/retirement/discussion/no-a-levy-would-be-when-the-irs-or-some-other-entity-t/01/321256#M27981 No.   A levy would be when the IRS or some other entity takes the money from your retirement account for an outstanding bill. You voluntarily choosing to use IRA money to pay your taxes, is not a levy. Mon, 03 Jun 2019 19:12:22 GMT https://ttlc.intuit.com/community/retirement/discussion/no-a-levy-would-be-when-the-irs-or-some-other-entity-t/01/321256#M27981 Lisa995 2019-06-03T19:12:22Z