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tayswizzy98
New Member

Why am I being taxed $3000?

Why am I being taxed so much on taking money out of my retirement plann
2 Replies
VolvoGirl
Level 15

Why am I being taxed $3000?

The gross amount may have pushed you into a higher tax bracket.  Did you have any withholding taken out?

tayswizzy98
New Member

Why am I being taxed $3000?

I had an early withdrawal from my 401k but it doesn’t add up. 

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