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October 15, 2019
Question

When it asks...did you pull money out of your IRA for an IRS Levy..does this mean for 2018 or prior years?

  • October 15, 2019
  • 1 reply
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1 reply

Rainman12
Employee
October 15, 2019

Applies only to 2018 withdrawals for 2018 returns.

Critter
Employee
October 15, 2019
If the distribution was made due to an IRS Levy for any tax year then you will check this box.
Employee
October 15, 2019

I'm not sure where it would ask if "you pull[ed] money out of your IRA for an IRS Levy."  An IRS levy occurs when the IRS initiates the distribution of the money out of the IRA, not when you yourself pull money out.