Ask Experts Questions for FREE Help!
 

Free Answers in 3 Easy Steps

Register Now
3 Steps
 


Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.
  Answer this Question    Ask about Taxes    Ask about another Subject  
 

sunnydaize
Feb 8, 2004, 08:17 AM
in 2002 i cashed in a 401k and received about 14,000. i knew about the taxes but didnt know for sure i would receive a penalty because everything i read said i "may" and i figured they would let me know...anyway, i owed the irs 1,800 and they put me on a pmt plan of $25 to federal irs every month but the part i dont understand is i have to pay $50 every 45 days to the state of oklahoma when the 401k was from a job i had in indiana and i had only just moved to oklahoma when i cashed it out...can anyone explain this to me? thanks