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February 13, 2022
Question

How to retroactively counteract 10% 1099-R penalty.

  • February 13, 2022
  • 1 reply
  • 0 views
We are going to have to pay on our tax returns. What steps can we take retroactively to avoid this.

1 reply

fanfare
Employee
February 13, 2022

See the IRS list of exemptions to the 10% penalty on an early withdrawal.

That's the only way.