Sean and Lisa (age 25 and 28,respectively)are purchasing their first home for $200,000 with a 5% down payment.They will withdraw the down payment from Lisa's IRA.They will have to pay ____ on the IRA withdrawal.
A)federal income taxes
B)an early withdrawal penalty
C)social security taxes
D)a and b
E)a, b, and c

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The Answer of Sean and Lisa (age 25 and 28,respectively)are purchasing their first home for $200,000 with a 5% down payment.They will withdraw the down payment from Lisa's IRA.They will have to pay ____ on the IRA withdrawal.
A)federal income taxes
B)an early withdrawal penalty
C)social security taxes
D)a and b
E)a, b, and c

Sean and Lisa (Age 25 and 28,respectively)are Purchasing Their First