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    defolz's Avatar
    defolz Posts: 1, Reputation: 1
    New Member
     
    #1

    Feb 24, 2008, 10:16 AM
    Just Married with an early distribribution
    I married during the summer of 2007 and am doing taxes for the first time with my spouse.
    Typically I understand it is better to file married and jointly. My husband took money out of his 401K to put towards the purchase of our house. We understand there is a penalty, although at the time we didn't realize it applied to the house. Our question is would be better of to file Married but separately?
    s_cianci's Avatar
    s_cianci Posts: 5,472, Reputation: 760
    Uber Member
     
    #2

    Feb 24, 2008, 10:22 AM
    Probably not. If you want, you can crunch the numbers both ways and see how things pan out.

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