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





