Retirement tax questions


@heartgems68 wrote:

The taxed amount was about 3.5%


OK, as I suspected, this is not a "sales tax."  This is a mandatory withholding of capital gains tax, in case the seller fails to report the sale on their tax return, at California keeps something.  However, if you don't owe the tax, you can get a refund. 

 

Are you a resident of California?

https://www.car.org/-/media/CAR/Documents/Transaction-Center/PDF/QUICK-GUIDES/Quick-Guide---CA-Withh...