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The home buying exception applies only to the 10% penalty, but the criteria is that you cannot have owned a house in the previous two years and the distribution amount is limited to $10,000.
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I apologize. For some reason, the following sentence did not show up in my initial answer to you.
Further, if you take an early distribution, you will be subject to income tax on the amount withdrawn plus the 10% penalty.
For your reference, the tax rates for single filers for 2013 are as follows: