dsem98
Mar 7, 2008, 07:14 PM
Hi-
I have run into some financial problems and need to take money from an IRA. I understand there is a 10% penalty. I am in the 15% tax bracket. How much will I have to pay in federal and NJ State tax. The withdrawal is $25,000.
Thanks for your help---
I have run into some financial problems and need to take money from an IRA. I understand there is a 10% penalty. I am in the 15% tax bracket. How much will I have to pay in federal and NJ State tax. The withdrawal is $25,000.
Thanks for your help---