I need to know what the income tax for a cash distribution payment of 8742.65 would be.

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I need to know what the income tax for a cash distribution payment of 8742.65 would be.

What is it distributed from? A taxable distribution is added to all your other income and taxed at your regular rate and may push you into a higher tax bracket. Investments can be taxed differently like for long term capital gains. Or are you asking about the default withholding taken out on it?

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