Brian7771
New Member

Retirement tax questions

I understand the amount already deducted, and it calculates any under payments = anything leftover is what is due ! !
What I don't understand is , if 20% tax has already been paid, then why should I owe another 10% for a total of 30%.
There is minimal 10% tax up to 25% ! Why am I going to have to pay 30% ?