caitirene
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It was out of a traditional IRA
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It’s difficult to see where the decrease in return is made because TurboTax doesn’t provide that detail, but from what I can tell I am still receiving a penalty...
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When I did the withdrawal I paid my Federal taxes on the amount I withdrew at that time and when I added in my 1099 form it took my return down by around $600. ...
Activity Feed for caitirene
- Posted Re: I am still being taxed on my early IRA withdrawl even though I fall under the first time home... on Retirement tax questions. January 18, 2022 9:28 AM
- Posted Re: I am still being taxed on my early IRA withdrawl even though I fall under the first time home... on Retirement tax questions. January 18, 2022 8:55 AM
- Posted Re: I am still being taxed on my early IRA withdrawl even though I fall under the first time home... on Retirement tax questions. January 18, 2022 8:53 AM
- Posted Resolved on Retirement tax questions. January 18, 2022 7:45 AM