I took an early distribution of $1,500.00 in 2006 from my employer's plan. Federal tax was held, but no New York State Tax. How do I find out if such is due and how to calculate it? Thank you for your time. :)
![]() |
I took an early distribution of $1,500.00 in 2006 from my employer's plan. Federal tax was held, but no New York State Tax. How do I find out if such is due and how to calculate it? Thank you for your time. :)
You will be taxed at your marginal tax rates for both the federal and state return, plus an additional 10% ($150) will be added to the end of your federal tax return.
Exactly how much depends on your other income.
All times are GMT -7. The time now is 07:58 PM. |