1 Answer
If you take an early withdrawal of funds from your IRA, you will pay a penalty for doing so. The amount you draw goes on line 15 of the form 1040. The penalty amount goes on line 58. The penalty is 10% of the amount you pulled. For example, if you withdrew $7500, your penalty would be $750.
YES, THE FEDERAL GOVENRNMENT IS A DEN OF THIEVES. I am studying to be a tax preparer and every day I learn something new that distresses, depressess, and disturbs me about the IRS. Horrible.
12 years ago. Rating: 0 | |
Top Contributors
Unanswered Questions
keonhacaihay
Answers: 0
Views: 9
Rating: 0
Game Bài Đổi Thưởng - TOP Cổng Game Uy Tín Hàng Đầu 2024
Answers: 0
Views: 14
Rating: 0
oh mmy god
Answers: 0
Views: 10
Rating: 0
Nhà Cái HAY88
Answers: 0
Views: 9
Rating: 0
Top Nhà Cái Uy Tín Tháng 5: Điểm Danh Các Địa Chỉ Cược Đáng Tin Cậy
Answers: 0
Views: 10
Rating: 0
Cheonan business trip massage
Answers: 0
Views: 12
Rating: 0
Tài xỉu online
Answers: 0
Views: 15
Rating: 0
ab77center
> More questions...
Answers: 0
Views: 12
Rating: 0