To: Jonty30
As long as the account is used for the specific purpose intended, any drawings from it remain tax free. However, if it is drawn for other purposes, it becomes taxed as income.
How many bureaucrats will we need to hire to enforce that?
To: ComputerGuy
No worse than any other IRS requirement to document income, I reckon.
3 posted on
02/25/2026 3:49:25 AM PST by
Jonty30
(I always ask AI stupid questions to avoid the smart lists for elimination. I want to surprise it.)
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