@Lisawhome wrote:
Why am I paying more taxes if I had taxes taken out of the withdrawal?
Tax withheld was the estimate of the tax. The actual tax depends on all your other income and the tax bracket you end up in. If not enough withheld, you will owe more, if too much withheld you will get refund
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
