Yes I used taxact for my reference I couldn't do it on here although this is what I use for my normal taxes. If I had some financial stability I would just leave in there and take out small amounts but when I have 100k in debt I need to get off my shoulders I can't. Wanted to just take 150k pay that debt of and have some money in the bank and was gonna leave the rest in. But for me to actually pocket 150k I'd have to take out over 200k to cover thes taxes. I don't want to have to pay out of my pocket at the end of the year because if I actually have the money in my bank and get a bill for 100k I probably wouldn't pay it lol. So should I just put 25% in federal for withholding and 7% for state that way i shouldn't owe any thing at end of year? Will that cover 150k withdrawal or does it need to be more? Thanks for all the help and if anyone of you is a actual professional or knows his stuff well email me at [email address removed] and I can pay you to go over my situation and advise me better. You all have helped a great deal already and I thank you for you time.
