Took money out of qualified 410 k and retired in 2016 do i have to pay state tax on withdraw?

pamandgill · ‎June 3, 2019

Retured in 2016

CherylW · ‎June 3, 2019

It depends upon the state in which you live. Post back to THIS thread if your state's taxation department doesn't have that information.

For federal tax:

If it was a Roth IRA, then No.

If it was a Traditional IRA, then Yes.

If it was taxable, then you should have gotten a 1099-R. The code in box 7 of that form will tell you whether it's taxable or not.

CherylW · ‎June 3, 2019

It depends upon the state in which you live. Post back to THIS thread if your state's taxation department doesn't have that information.

For federal tax:

If it was a Roth IRA, then No.

If it was a Traditional IRA, then Yes.

If it was taxable, then you should have gotten a 1099-R. The code in box 7 of that form will tell you whether it's taxable or not.

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