Just-Lisa-Now-
Level 15
Level 15

If they didnt use it to purchase the house, no 5329 is involved.  Its all taxable and subject to penalty. 

I personally was audited in 2004 for using IRA money for first time home purchase and had to send all my closing docs showing that I really did buy a house...so it does happen!


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪