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June 6, 2019 at 9:30 pm
#15364
Keymaster
Yes, the IRS will seek to collect and would want the IRA liquidated, and roughly 70% paid over (20% for income taxes, 10% for early withdrawal penalty). Now if they are older an ETA Offer might be worth pursuing, especially given they are negative each month, but technically its an assets and the IRS would want it.