Zhang lived in Atlanta from 2005 through 2007 to carry out her duties as an employee of

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Zhang lived in Atlanta from 2005 through 2007 to carry out her duties as an employee of YourTV.com, receiving an annual salary of about $150,000. She was transferred to the San Jose office for 2008 through 2010, and then in 2011 she took an executive position with the Web2.2 LLC in Austin. Zhang owned a home in Atlanta, but she rented an apartment in San Jose. When she withdraws money from her IRA to submit a down payment on her Austin condo, is a 10 percent penalty due?

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Federal Tax Research

ISBN: 9780324659658

8th Edition

Authors: William A. Raabe, Gerald E. Whittenburg, Debra L. Sanders

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