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G
getman
April 13, 2025
Question

Sold retirement assets to use towards down payment of home. How can i reduce income reflecting this amount?

  • April 13, 2025
  • 1 reply
  • 0 views
This is affecting ACA premium credit

    1 reply

    M
    MinhT1
    April 13, 2025

    Your retirement distribution is taxable as retirement income and will count as income for determining the health insurance Advance Premium Tax credit. There is no way to change this.

     

    Please read this Healthcare.gov document for more information.

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