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Asked 3/16/2010
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401 K early withdrawl. What document do you need to file when you have made an early withdrawl on your 401K or Roth IRA? |
Answer 1/1 - Submitted 3/17/2010
If you just have a withdrawal and the 10% penalty, the 1040 will be sufficient. If you are claiming an exemption from some or all of the penalty, then you would need a 5329. If you have a basis (after-tax contributions) in a Roth, you would calculate the taxable portion of your distribution on an 8606,
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