You'll need to sign in or create an account to connect with an expert.
Without details, it's not possible to provide any useful information. What type/kind of annuity? Your tax rate is also dependent upon many other things such as total income from all sources for the entire tax year. Not all income sources are taxed at the same rate either. One thing you can do is check out TaxCaster at https://turbotax.intuit.com/tax-tools/calculators/taxcaster It's currently set up for 2022 taxes, but can gen you a *very* rough idea of your tax liability.
The annuity is a traditional IRA 408(b)
You should just use the TaxCaster app referenced above, as nobody here is going to figure you're tax liability for you with any better degree of accuracy.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
zmouse24
New Member
motz
New Member
lechahro
New Member
revo8778
New Member
Lunatunax
Level 2
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.