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Taxes, Profit Sharing Withdraw to pay off mortgage.
I started my retirement in March of this year. I am at full retirement age, born 1954. My question is how much tax should I expect to pay on 80K I took from my companies profit sharing to pay off my mortgage? If I include this amount as earned income my gross income for the year will be approximately 110K.
‎July 15, 2021
10:38 AM