@General TaliaYeah is should be the same. You are adding 33% of the distribution as income this year and are having to pay 15%, 22%, 24% (whatever) on the whole amount without any withholding on it.
So yeah taxes could easily be $7500 or more. This is why they disguise taxes by withholding from your paycheck each pay period. Could you imagine Americans writing checks of $5000 to $200,000 each year? There would be a revolt.
I used to get a kick at work, "How much tax did you pay?" "Nothing I got a refund." The majority of Americans literally do not know how much tax they paid, but only in the context of their refund or their underpayment.
This way the government makes it look like they are giving them money back, LOL.
