LAGTX
Level 1
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Basically I am considering selling some stock that would give me about a $1,500 profit. I want to use it to pay down some debt. I know I would have to pay taxes on it but I am wondering if the 10% early penalty applies as well? The funds are in a rollover IRA account. 

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sjrcpa
Level 15
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Any IRA withdrawals can be subject to the 10% early withdrawal penalty. It doesn't matter if t was from interest, dividends, capital gain or principal.


ex-AllStar

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LAGTX
Level 1
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Thanks! That's what I thought but I was hoping somebody would tell me otherwise 😕
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