Certain Exceptions to the 10 Percent Additional Tax Under Code Section 72(t) (Notice 2024-55)

1 organizations filed 1 public comment on Certain Exceptions to the 10 Percent Additional Tax Under Code Section 72(t) (Notice 2024-55), at the Internal Revenue Service. The comment window closed 659d ago.

Abstract

This notice provides guidance on the application of the exceptions to the 10 percent additional tax under section 72(t)(1) of the Internal Revenue Code (Code) for emergency personal expense distributions and domestic abuse victim distributions. The Department of the Treasury (Treasury Department) and the Internal Revenue Service (IRS) anticipate issuing regulations under section 72(t) of the Code, and section IV of this notice solicits public comments with respect to all aspects of section 72(t).

Commenters (1)

• U.S. Chamber of Commerce

  1 filing · confidence 97%