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Will I owe the IRS more taxes if I pulled money out of my 401k?
Asked by Jiboo420 (45)
February 25th, 2016
from iPhone
In April 2015 I pulled all the money out of my 401k, and they took a pretty big chunk out for taxes. I’ve been traveling and doing other things since then and didn’t work at all in 2015. However, today I received a 1099 from my old 401k provider, as well as one from the state I lived in. Do I need to file a tax return? And will I owe the IRS even more money?
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