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February 5, 2020
Question

I withdrew 15K from my 401k and paid around 30% taxes why am I being taxed again?

  • February 5, 2020
  • 1 reply
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1 reply

Employee
February 6, 2020

The program  calculates the tax due, but then gives you credit for the taxes withheld.  Or did you pay the taxes directly to the IRS yourself?