JohnB5677
Expert Alumni

Retirement tax questions

Please clarify your question.

Unfortunately, we can't see your screen to see where you are, so I'll have to ask you a couple of questions.

Calculating 401-K withholdings is not within the scope for TurboTax, but these are factors to consider.

 

  • Is $7,000 your total tax, or is it the amount that you currently owe from your tax return?
  • What income range are you in?
  • What is your tax bracket?
  • What is your filling status?
  • Do you have any tax credits?

These are all factors that contribute to the question you asked.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"