Ptk86
New Member

Retirement tax questions

Thank you for the 8915 info, I'll standby for that!

 

Also, this seems to be more than just a 10% penalty. Apparently I owe ~2.5k for federal and nearly the same amount for state owed. Yet I only withdrew ~14.5k...

 

Thoughts, here? Again, we're talking roth, so not sure why this amount is being deducted?