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1099-R questions
I withdrew my retirement account upon leaving my employment in a state public school in Massachusetts. I was told 20% would be taken in federal taxes before the check was sent which it was. I was also told 10% would be taken additionally at tax time. However, another 20% is being taken when I submit the form in Turbo Tax for early distribution. Why is this?
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May 31, 2019
7:26 PM