Retirement tax questions


@rpatel133 wrote:
TurboTax makes my federal tax due go up so high, even if I plan to pay back in 3 years. How can I opted out of this so it does not charge me for my taxes for withdrawal of 401k.

If you elect to pay over 3 years the 1/3 of it is taxed in 2020.

**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.**