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mudfish4
New Member

Do I need to pay State tax on an early distribution from a 401k plan or just Federal tax?

 
1 Best answer

Accepted Solutions
KatrinaB
Intuit Alumni

Do I need to pay State tax on an early distribution from a 401k plan or just Federal tax?

Yes. This type of income is taxable on the federal and state tax return.

View solution in original post

1 Reply
KatrinaB
Intuit Alumni

Do I need to pay State tax on an early distribution from a 401k plan or just Federal tax?

Yes. This type of income is taxable on the federal and state tax return.

View solution in original post

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