10% Penalty on earl...
 
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10% Penalty on early Tax Differed accounts (before age 59 1/2)

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(@sevcav)
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I see in the manual the 72T SEPP calculations to avoid the 10% penalty for early withdrawals. Does anyone know if the software automatically adds a 10% penalty to Federal taxes if the age of tax payer is below age 59 1/2 and they make a withdrawal from tax deferred accents?

Thank you,

KC


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