My federal numbers are ok but not state which I have to pay little bit more than 4,000.00
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You had 20% of federal tax withheld but only 2% of state tax withheld on your distribution. As the maximum state tax rate in California is 12.3%, it is certain that the state tax withheld was too short and you have state tax due.
You had 20% of federal tax withheld but only 2% of state tax withheld on your distribution. As the maximum state tax rate in California is 12.3%, it is certain that the state tax withheld was too short and you have state tax due.
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