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Reply to "Taking an IRA withdrawal"
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[quote=Anonymous][quote]If I withdraw the money now, will I pay the taxes in April with my regular taxes?[/quote] 17:22 again. Yes, you’ll file 2023 taxes in 2024? If you withdraw only what you need to get through this year, do it only if the hardship carries into 2024. Do you have a CPA? Again, look at the hardships in the links and new SECURE 2.0 additions to see if you match multiples hardships. Start with IRA plan administrator and accountant. If your 59 1/2, there is no 10% tax penalty. [/quote]
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