You have not told us about any other income you will have. If you are taking money from a retirement account before you are 59 1/2, you will pay a 10% early withdrawal penalty plus ordinary income tax on the distribution. Your total tax liability will be calculated when ALL of your income and all of the tax withheld is entered. We cannot tell you how much you will owe since we have no idea of any other income you have--like W-2 income, self employment income, Social Security, investment income, rental income, etc.etc.etc.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
