Announcement

Collapse
No announcement yet.

Avoiding Penalty

Collapse
X
Collapse
 
  • Page of 1
  • Filter
  • Time
  • Show
Clear All
new posts
Previous template Next
    #1

    Avoiding Penalty

    Client, has one W-2 and 1099R with code 1.

    He left US for good because his visa expired - He was on H1 Visa:

    (1) He has penalty on 1099R from 401K distribution. He is 41 years old. Is there any exception because he left for good or his VISA expired and he is no longer in USA

    (2) Can he also get his SS and Medicare tax back as he is not going to be in USA any more?

    Thanks!
    Tags: None
    #2
    No and No

    No and No, not much else to say.

    Comment

    Previous template Next

    Disclaimer

    Collapse

    This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.

    Working...
    X