WI penalty for IRA early withdrawal - deductible?

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  • David
    Junior Member
    • Feb 2006
    • 15
    #1

    WI penalty for IRA early withdrawal - deductible?

    Wisconsin imposed a penalty for early withdrawal from an IRA in 2010. Is this deductible as state tax paid on Sch A, or a non-deductible penalty?
    Thanks.
    Tags: None
    • Jesse
      Senior Member
      • Aug 2005
      • 2064
      #2
      The penalty for early withdrawal is not deductible.
      http://www.viagrabelgiquefr.com/

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