Good afternoon.
I took out 3 semesters worth of hardship withdrawals to pay for son's tuition. I knew there was a 10% penalty and i asked them to take an extra 10%. Even with the extra deduction my taxes are showing that i owe an additonal $8000 between federal and state. Does this seem correct? It seems like if i had them take out additional funds it should cover it better than than if i was to get a refund before entering this.
