drc845443
Expert Alumni

Get your taxes done using TurboTax

Hello there!

I have assumed you withdrew from a traditional 401k plan, not a Roth 401k plan.

You will pay Federal taxes on the amount at your marginal income tax rate (can't tell you what that rate is from the information you have provided, plus if you are below 59 1/2 years  you will also pay a penalty for early withdrawal from your 401k of 10%.

 

In general, PA does not tax distributions from 401k plans, as it also does not allow a deduction at the time of contribution.

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