Ok so here’s an interesting twist for you all:
I failed to report my 401k withdrawal at all upon originally filing my 2020 returns (long story), so I recently got a letter from the IRS and subsequently used turbo tax to refile both my fed and state (CA) returns (each accompanied by a lovely bank cheque of course, ugh).
Today I received a REFUND from CA tax board of the exact amount I’d sent with my state re-file.
This seems to indicate perhaps I don’t owe state tax on the early withdrawal at all - only federal?
Surely that can’t be right, but I’ve never known CA FTB to ever make a mistake.
Any experts here have thoughts on that?
