Related Questions (Ask a New Question)

If i withdraw money from my 401k to pay for my daughters college will i be subject to any penalties or taxes

We owe about $30,000 for my daughters college and i wanted to use my 401k to pay those loans off. can i do this without penalty or taxes? if i do owe taxes or penalty - how much would i have to pay - what percent?

See Answers

Do i fle? i know the 401k income has to be counted on federal but does it on state

I lived in wi in 2009 and owe some money and paid some from 2009 taxes but i only lived in wi for 4mo in 2010. then i moved to tn which does not have state taxes. should i file cause they witheld from my check and was thinking it may offset what i owed for previous year. i owed 700 and have 300 left...

See Answers

Cashing out 401k to pay taxes

I owe state taxes and my company has just been bought out therefore i am loosing my job. can i cash my 401k to pay my taxes off? and will i be pentalized for that or does it qualify as a hardship?

See Answers