Ronald-So
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See this thread as well:https://ttlc.intuit.com/community/retirement/discussion/the-secure-act-says-new-parents-can-withdraw-up-to-5k-from-a-retirement-account-...
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I have exactly the same issue.Does anyone know how to handle this?Do I need to pay income tax on the FMV of the stock (not even publicly traded yet).
Activity Feed for Ronald-So
- Cheered Re: SECURE act allows those who are having a baby to take 401k payout of up to $5k w/o paying 10%... for CatinaT1. March 9, 2021 2:56 PM
- Posted Re: SECURE ACT: Withdraw $5k from IRA penalty free on Deductions & credits. March 30, 2020 7:50 AM
- Posted SECURE ACT: Withdraw $5k from IRA penalty free on Deductions & credits. March 27, 2020 7:46 PM
- Posted I have exactly the same issue. Does anyone know how to h... on State tax filing. June 6, 2019 1:55 AM