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sirmixalot
| Favorite team: | |
| Location: | Wooded Area |
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| Number of Posts: | 3 |
| Registered on: | 4/13/2021 |
| Online Status: | Not Online |
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re: Owe $15K-$18k in fed taxes
Posted by sirmixalot on 4/13/21 at 1:05 pm to jchamil
edited, it was not 401k. It was TD Ameritrade IRA, which I believe is treated the same way with early withdrawals.
0
re: Owe $15K-$18k in fed taxes
Posted by sirmixalot on 4/13/21 at 12:59 pm to DownshiftAndFloorIt
the 10% penalty was waived if selected...still owe federal taxes on the rest.
Owe $15K-$18k in fed taxes
Posted by sirmixalot on 4/13/21 at 12:49 pm
Pulled money out of TD Ameritrade IRA
early in 2020. Took out the 10% penalty but not enough fed taxes. Screwed up, I know.
Now, I owe that back.
What's the best way to go about this?
I really didn't want to write the check for the whole thing, but that may be the only option?
Thanks for the help
early in 2020. Took out the 10% penalty but not enough fed taxes. Screwed up, I know.
Now, I owe that back.
What's the best way to go about this?
I really didn't want to write the check for the whole thing, but that may be the only option?
Thanks for the help
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