Ita#39;s worth the time to double check every tax form and schedule before sending it off to the Internal Revenue Service. ... But new rules allow penalty- free withdrawals for certain purposes, such as for higher education expenses and up to $10, 000 for a first-time home purchase. ... taxpayer is at least age 59a#39;/agt;, or disabled, or the distribution is a qualified first-time home buyer distribution ( limited to $10, 000).
|Author||:||United States. Internal Revenue Service|