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Yea Todd - new homes are sure fun, although you always
feel broke after you buy one - I did, many times.
Pub 590 - really appears to put it that $10,000 is free
from penalty, not tax, for the first time homebuyer.
The TIP that they give is that husband and wife can
each withdraw 10K. That means, of course, that one
of the IRA's has to be in a spousal name and all the
etc.'s that apply.
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