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April 15, 2024
Question

Enter the amounts you used for any of the following:If I took my 401K from a previous do I write the full amount here?

  • April 15, 2024
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1 reply

April 15, 2024

If depends, if you made an early withdrawal then you might qualify for an exception of the 10%  early withdrawal penalty. If the full amount qualifies for an exception then you will enter the full amount.

 

Please see Exceptions to tax on early distributions for additional information.

 

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