(if a 1099-R) Average 15% is meaningless. IF your prior income $$ had you already in the 22% tax bracket area...were you under 59.5 when you took the distribution? then the ~30% assessed = (approx) 22% + 10% penalty (if no taxes were withheld on the distribution). OR maybe you were over age 59.5, and were up into the 24% and 32% brackets already.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
