qbteachmt
Level 15
03-24-2023
10:52 AM
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"Where can i read about the time life limitation of $10,000.?"
That's not exactly how it reads.
Read the IRS instructions. Pub 590-A is for contributions and money in. 590-B is for distributions and money out. Also use the IRS Tax Topics. You can always google, too:
IRS IRA distribution exceptions
And get:
https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-iras-distributions-withdrawals
And I really like investopedia articles:
https://www.investopedia.com/articles/personal-finance/110415/can-you-use-your-ira-buy-house.asp
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Don't yell at us; we're volunteers