I've been researching PUB 590 (page 55) and the IRS code (72(t)(2)(F)) and seem to find some contradictions. My wife and I are purchasing our first home together. I currently own a home and she has never had an ownership interest in a home.
My question is can my wife use 10K from her Roth since she is a first time home buyer where I exclusively have ownership in the home we currently live in ??
And if the answer is yes can you please site the code.
Thanks!!!!
Martin.