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Old 03-26-2015, 09:11 PM
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Join Date: Mar 2015
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My husband got a 1099-R for his 401k withdrawal however it included his loan draw from that which was used to buy first home purchase. The 1099 listed this amount in the taxable amount! I know I can do another form to show this amount was an exception however do I also subtract this amount when entering on the taxable amount? If I do that it gives us back almost $700 more but if not only about $200 by just using the exception tax schedule.

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