Guest rick123 Posted February 5, 2002 Posted February 5, 2002 withdrawals from roth ira IF you take out only what you put in, then how do you explain this to irs? i received a letter from irs because the mf co. simply stated the withdrawal as a pre 59 1/2 withdrawal. the mf co. didn't know nor care what the details were. how can i keep the irs from doing this again. Is there a way to get the mf co. to code it a different way? Don't they know onlt principal was taken out?
BPickerCPA Posted February 5, 2002 Posted February 5, 2002 They would have no idea what you're taking out. It's up to you to explain it to the IRS. Barry Picker, CPA/PFS, CFP New York, NY www.BPickerCPA.com
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