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Level 1
May 3, 2020

IRA WITHDRAWAL ON THE 1ST TIME BUYER OF HOME WHICH CODE 1 APPEAR ON HER form 1099-R ?

  • May 3, 2020
  • 2 replies
  • 12 views
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    2 replies

    Just-Lisa-Now-
    Intuit Community Champion
    May 3, 2020

    You would use Form 5329 to exclude the early withdrawal penalty on up to $10k of that distribution.

    ♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
    Level 4
    May 5, 2020

    Can you be a first time home buyer if you owned a house and got divorced . G ave house to your husband. After the divorce and you are buying a house for the first time by yourself?

    George4Tacks
    Level 15
    May 5, 2020
    George4Tacks
    Level 15
    May 4, 2020

    Hi there,

    You’ve come to an Intuit site supporting tax professionals, and you may be looking for support as an individual taxpayer. Please visit the TurboTax Help site for support.

    Cheers!

    P.S. if you are not using Turbo Tax, please indicate the software you are using.

     

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