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  • Re: If I took some money out of of 401k will it put me in a higher tax bracket when filing for taxes 2021? I’m pretty basic when it comes to tax returns. Single with no dependents
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Retirement tax questions

Possibly .... but we have a graduated tax system so not all of the extra income will be taxed at the higher rate ... 

 

https://www.irs.gov/newsroom/irs-provides-tax-inflation-adjustments-for-tax-year-2020

‎August 4, 2020 8:40 AM
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