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kathypoetzsch · Joined: 30 Dec 2010 Posts: 1 1.27 Dollars($)

I had to take emergency money from my IRA this past year to balance my checking account - when I took the money out, the credit union also took out additional money to cover taxes. How do I fill out my 1040-A form to reflect this IRA dispursement?

adonis · Posted: Thu Dec 30, 2010 9:09 pm Post subject:

Welcome kathypoetzsch,

You should contact a tax adviser and he will be the best person to help you in filling out the 1040-A form.

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How Do I figure my taxes when I borrowed money from my IRA.

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