Took a partial ira distribution with taxes with held, why did it drop my refund by $1015?

posted

Connect with an expert

1 Reply

Took a partial ira distribution with taxes with held, why did it drop my refund by $1015?

Sounds like not enough was withheld.

Also, any increase in income can make more of your Social Security benefits taxable, and/or reduce some deductions (such as Medical) or credits (such as EIC).

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post