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previous pagePrevious Page: Instructions for Form 5329, Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts - Additional Information
next pageNext Page: Instructions for Form 5329, Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts - Part III—Additional Tax on Excess Contributions to Traditional IRAs
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taxmap/instr2/i5329-006.htm#TXMP7fe2ef08

taxmap/instr2/i5329-006.htm#TXMP2e23de7e
Part II—Additional Tax on Certain Distributions From Education Accounts


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An economic stimulus payment that was directly deposited into an education account can be fully or partly withdrawn by the due date (including extensions) of your 2008 tax return. For a Coverdell ESA, the withdrawal can be made by the later of the above date or June 1, 2009. The amount withdrawn will not be subject to any additional tax or penalty.
taxmap/instr2/i5329-006.htm#TXMP56330663

taxmap/instr2/i5329-006.htm#TXMP6b717149
Line 6


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This tax does not apply to distributions that are includible in income if:
Enter on line 6 the portion of line 5 that is excluded.
previous pagePrevious Page: Instructions for Form 5329, Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts - Additional Information
next pageNext Page: Instructions for Form 5329, Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts - Part III—Additional Tax on Excess Contributions to Traditional IRAs
 Use previous pagenext page to find additional occurrences of topic items.