Jul 5, 2012, 11:50 AM
i am a Turkish citizen working in the USA with H1. I am permanently leaving the country in 20 days. I also have a 401k account. I am told that if i withdraw money now, I will have to pay %20 tax +%10 penalty. If I leave the money in that account, and withdraw it a few years later from Turkey with the form w8-ben, can I avoid paying tax + penalty?