CPA Needed for withdrawing from Retirement Plan advice/help
Hi
I'm looking to withdraw funds from a past employer retirement plan using the homebuyer exception. Any recommendations for CPAs that are familiar with this process? Recommendations, advice and suggestions are appreciated.
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Dmitriy Fomichenko
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you don't really need a CPA to guide you through this, the rules are pretty straight forward, here is a link to the IRS code:
https://www.irs.gov/taxtopics/tc557.html
You will need to make sure that your tax preparer properly indicates this on your tax return, but that's not until early next year.
This article also might be helpful:
https://www.fool.com/retirement/iras/for-first-tim...
