Capobvious
Level 2
Member profile
- Replies
- Posts
-
ok, so if it takes out 20% withholding.....from the 401 withdrawal...Ill get that 20% back in my return because of the solar credit? Is that right?
-
I guess my question is what is my income tax on a 401k withdrawal of 20k?And as per the other responses the solar tax credit will not wipe it out completely.
-
Thank you all for replying! My issue is what would be my tax liability that the credit erases? lets just say i take out 20k, how does that translate to the inco...
-
ok, so the tax "expert" said it will be ok, and you say it won't be. Where do I get a definitive answer on this?
-
THANK YOU!!!
Activity Feed for Capobvious
- Cheered Re: Will Solar tax credit erase early 401k withdrawl? for Critter. June 27, 2020 8:18 AM
- Posted Re: Will Solar tax credit erase early 401k withdrawl? on Deductions & credits. June 25, 2020 7:39 PM
- Posted Re: Will Solar tax credit erase early 401k withdrawl? on Deductions & credits. June 25, 2020 7:03 PM
- Posted Re: Will Solar tax credit erase early 401k withdrawl? on Deductions & credits. June 25, 2020 6:12 PM
- Cheered Re: Will Solar tax credit erase early 401k withdrawl? for Critter. June 25, 2020 6:10 PM
- Cheered Re: Will Solar tax credit erase early 401k withdrawl? for AmeliesUncle. June 25, 2020 6:10 PM
- Cheered Re: Will Solar tax credit erase early 401k withdrawl? for AnnetteB6. June 25, 2020 6:10 PM
- Posted Re: Will Solar tax credit erase early 401k withdrawl? on Deductions & credits. June 25, 2020 7:05 AM
- Posted Re: Will Solar tax credit erase early 401k withdrawl? on Deductions & credits. June 24, 2020 7:39 PM
- Cheered Re: Will Solar tax credit erase early 401k withdrawl? for AnnetteB6. June 24, 2020 7:39 PM
- Cheered Re: Will Solar tax credit erase early 401k withdrawl? for AnnetteB6. June 24, 2020 7:08 PM
- Posted Re: Will Solar tax credit erase early 401k withdrawl? on Deductions & credits. June 24, 2020 7:07 PM
- Posted Will Solar tax credit erase early 401k withdrawl? on Deductions & credits. June 24, 2020 5:29 PM