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I made an early withdrawal from my SIMPLE IRA this year. I withheld 15% for federal taxes and 5% for state taxes. I live in OH. Was that enough, or too much?
I was told there would be an additional 10% come out, but I'm not sure that it's right. I got $5,844.46 of gross. $1,096.83 went to Fed taxes (15%) and $365.27 went to State (OH) taxes (5%). Will I still owe something come tax time?
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‎November 22, 2022
2:26 PM