Skip to main content
March 25, 2025
Question

For federal taxes there is an exclusion of $5,000 around the early withdraw from an IRA when you have a kid. Does Colorado have the same or similar?

  • March 25, 2025
  • 1 reply
  • 0 views
I withdrew from my IRA early, with the federal side there is a $5,000 you can withdraw early and not pay penalties. Does Colorado have this too?

1 reply

fanfare
Employee
March 25, 2025

States  don't charge early withdrawal penalties. That's an IRS thing.