Welcome! | Ask A Question

 
 
 
 
Question

Asked 7/2/2008

No state income tax move to state w/ income tax

My husband worked in FL for 18 yrs and built up his 401k. Whe moved to NC 2 yrs ago. Funds were short and we withdrew the money and paid federal income tax and penalties. NC state wants to charge state tax on that money even though it was earned (and sat in an account for years) in FL. Do we have to pay the NC state tax on that money?

 
 
 
 
 
Answer This Question Now

Type your Answer in the box below and post your answer.

Learn more about how this works

 
 
 

Related Questions (Ask a New Question)

 
Is state income charged on 401k

Should state income tax be deducted from missouri employees payroll

See Answers

 
Is it possible to withdraw my current year contributions to my 401k, pay the tax on that amount, and not pay a penalty?

I thought i had read in an irs document that i could withdraw my 2008 contributions to my 401k plan and pay the taxes on that amount. i had contributed $6075.00 of my previous company's salary to my plan. is it possible to withdraw that amount, less 20% for federal income tax? (i live in florida,...

See Answers

 
Tax rate

I want to pay off my mortgage with my 401k. the amount is $80,000.00. how much must i withdraw from my 401k to satisfy my state and federal income tax obligation presently'

See Answers

 
Related Questions

Is state income charged on 401k


Should state income tax be deducted from missouri employees payroll

 

Is it possible to withdraw my current year contributions to my 401k, pay the tax on that amount, and not pay a penalty?


I thought i had read in an irs document that i could withdraw my 2008 contributions to my...

 

Tax rate


I want to pay off my mortgage with my 401k. the amount is $80,000.00. how much must i withdraw...

 

Income tax


I recieved benefits form a 401k plan my mother had, they included this in my income listed...

 

Tax deduction for 401k 'catch up provisions"


For tax year 2007 i have already made the maximum allowable tax deductible contribution[$4500}...

 

How can i claim the major losses to my 401 k on my income tax form for 2008 ?


I had income of $13,000 from a job in 2008. i retired in june 2008 at age 69. i get a...

 
 

See more 401k questions

 
 
 
 
 

Ask A Question

Ask a new question about
401k: