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- Mon Dec 27, 2004 7:00 pm
- Forum: Canada / United States Tax & Accounting
- Topic: IRA & First-Time Homebuyer
- Replies: 1
- Views: 5696
IRA & First-Time Homebuyer
Quick question: As a former US resident who is now a resident in Canada, can I withdraw up to $10,000 USD from my IRA (and $10,000 USD from my spouse's IRA) and avoid the tax penalty via the first-time homebuyer exception? In other words, does the IRS allow this exception to be applied to homes bou...