Have a Tax Question? Ask a Tax Expert
When you rolled the money to the IRA it was not taxable and kept it's tax deferred status until you withdraw.
You will be taxed on the amount you take out from the Trad IRA.
Since you are buying a house and if it qualifies as a first time home purchase, you would not have a 10% penalty (just in case you are not 59 1/2).
After you view my response, please post below if you need more information or if you need no further clarification a positive rating is appreciated.I know rating takes an additional step and I truly appreciate it when you take the extra time!
Please advise if you need more information