If I take out a hardship on my 401k do I have to pay taxes at end of year or up front ?
If you have a tax liability, hardship status is considered a collection alternative. You should meet with a tax professional before setting up a...
Bradenton, FL
Tax Lawyer at Bradenton, FL
Practice Areas: Tax, Estate Planning ... +3 more
If you have a tax liability, hardship status is considered a collection alternative. You should meet with a tax professional before setting up a...
You may want to consider entering into a collection alternative to the IRS. With proper representation, from a qualified tax attorney, creative...
You said set up a payment (installment) plan, and if you anticipating a tax refund you can always pay the plan off quicker to avoid high interest...