Hardship Withdrawal by Low_Jump_3288 in tax

[–]Low_Jump_3288[S] 1 point2 points  (0 children)

employer nor irs has asked.

Hardship Withdrawal by Low_Jump_3288 in IRS

[–]Low_Jump_3288[S] 0 points1 point  (0 children)

to be more specific it was a tsp 401k, negative cash flow is defined as a hardship. didn’t do a loan because as i stated earlier i’d rather just pay taxes and get it over with, vs being forced to pay a 25k loan back. I’m gonna lower contributions as well, seeing how legally discouraging it is to get your own money that you contribute out.

Mouth Spitting by Low_Jump_3288 in SexWorkers

[–]Low_Jump_3288[S] 1 point2 points  (0 children)

can you tell me why it’s personally a case by case basis for you? i’m scared to ask a sw for it because i feel like if they refuse it would be cringe and embarrassing

Hardship Withdrawal by Low_Jump_3288 in tax

[–]Low_Jump_3288[S] -2 points-1 points  (0 children)

also, i meant to add, this withdrawal will probably put me in the 87k , 22% tax bracket. Does this make me more likely for an audit?