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A taxpayer takes out $25,000 in early distributions from their retirement and is also forced to yield $50,000 per a QDRO to a former spouse
A taxpayer takes out $25,000 in early distributions from their retirement and is also forced to yield $50,000 per a QDRO to a former spouse pursuant to a divorce settlement. What is the amount of penalty they will pay on these withdrawals? Assume the taxpayer is under the age exceptions and has no other qualifying reasons for withdrawal
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