Welcome New User! ( Create Account | Sign In )

Maximize

You are here: Home Categories Taxes Filing Taxes Early withdrawl

Previous | Next

401k Early withdrawl I lost my job and took an Early withdrawl on my 401k. i know that it is taxed by the federal...

401k Early withdrawl I am in need of some cash. i cannot do a hardship withdrawl as i do not meet the requirments....

Took Early annuity withdrawl before 59 1/2 I know there is a 10% penality on withdrawn amount. needed money for medical expenses. can...

What is the illinois state tax percentage when you are doing an Early withdrawl? My husband and i have to take an Early withdrawl from his 401k. we are in the middle of filling...

Early withdrawl 403b Can you withdraw money before age 591/2 from a 403b plan (not claiming hardship) if you are...

Congratulations!

Mtnrescue

Brain (2,677)

Mtnrescue answer was awarded and will earn ongoing royalties from this thread.

How This Works?

Get paid for participating

Ask questions - It's FREE Get answers within minutes.

Fun, fast and easy. Share your opinions with our community. Earn money for answering. See how.

Find more related questions to Early withdrawl

Question

Submitted 640 days ago...

Therese

New User (2)

Early withdrawl

I took an early withdrawl, and payed some fed taxes on it. Do I claim the whole amount I took out again, and claim that whole amount as income on my taxes? Therese

Share | Abuse |

Answers

Awarded Answer (What’s This?)

Answer 1 / 1 - Submitted 640 days ago...

Mtnrescue

Brain (2,677)

Withdrawal from what? I'm assuming an IRA or 401k plan. If so, you claim the whole amount you took at but also list the tax you've already paid on it. I think you list the tax already paid on line 49.

Hope this helps.

Share | Link | Abuse

This Question was awarded 640 days ago therefore you can no longer post an Answer. However you may post a comment below.

Comments

Submitted 640 days ago...

Therese

New User (2)

Thank You very much, this what I need to know.

Share | Link | Abuse

Add A Comment

Related Questions

Early withdrawl taxes 2110

If I withdraw $10,000 early how much taxes and penalty will I have to pay and when

Open | Category: Taxes | 0 Replies

Early withdrawl for being a police officer

Our 401k plan is set at 59 1/2 for the tribe we work for. since we are police officers is there an earlier withdrawl age without penalty because we are consider high risk employees

Open | Category: Taxes | 1 Reply

Under president elect Obama, are we going to be able to make a withdrawl with out being penalized?

Are they still penalizing people for any early withdrawl from their 401K plan?

Open | Category: 401k | 2 Replies

Will there be taxes and/or penalties for early withdrawl of 401K for a second home ?

Will there be taxes and/or penalties for early withdrawl of some 401K monies for a second home (retirement home later) ?

Open | Category: 401k | 0 Replies

Will there be taxes and/or penalties for early withdrawl of 401K for a second home ?

Will there be taxes and/or penalties for early withdrawl of some 401K monies for a second home (retirement home later) ?

Open | Category: 401k | 2 Replies