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turner_lindsey
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How will cashing out my 401k under the CARES ACT effect my taxes

 
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‎December 9, 2020 4:44 AM
last updated ‎December 09, 2020 4:44 AM
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Critter-3
Level 15

How will cashing out my 401k under the CARES ACT effect my taxes

Of course ... the distribution is taxable so your income will go up and so will your tax bill. 

‎December 9, 2020 5:43 AM
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