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zbystax
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Tax on 1099r seems high

 
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Tax on 1099r seems high

It is taxed as ordinary income at your tax rate.

Also if it is an early withdrawal you may have an additional 10% penalty on the amount taken out. 

For your tax rate see the link below:


https://www.irs.com/articles/2016-federal-tax-rates-personal-exemptions-and-standard-deductions

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