Early IRA or 401K distributions as income on the means

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Yahoo Bot
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Joined: Sun Oct 18, 2020 11:38 pm


If that's the only thing stopping you, file it as a Chapter 7 and
attach a Declaration explaining that the 401k distributions were a
one-time (or two time) occurrence and will not be repeated. The
OUST is pretty reasonable about that, but it is considered income.
All that happens is the presumption of abuse is created, and the
Declaration should rebut it before anything is done. As long as I&J
even out, there shouldn't be a problem.
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(818)509-1173 (818)509-1460 (fax)
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