Retirement tax questions

No, that website takes that into account, that's the point.    It's just like the federal and state tax.  The 10% penalty is a flat fixed amount.  Just like the 12% for federal.  That's nice the website calculates it out for you.  So you don't have to figure it out yourself.  Even though the penalty is a fixed 10% of the gross the federal and state withholding amounts are just estimates.  The actual income tax will be based on your total income.  

 

Hope that makes sense.