Welcome! | Ask A Question
Asked 2/11/2009
|
Tax percentage for a early distribution of a 401k -is this the check total or total vested value total Value of 11,000 but the check was only 6,900 so ten percent of which amount |
Answer 1/1 - Submitted 2/12/2009
Type your Answer in the box below and post your answer.
We had to withdraw our 401k due to financial problems,we did not claim hardship because it is so hard to do and now i have received a tax form showing the total amount of the 401k but not the actual amount we received. do i have to claim the total amount even though we only received a little over half...
I recently got terminated from my employer. my total 401k balance is $9700 and my vested balance is $5700. i recently contacted the company who handles my funds and they said that i'm only entitled to roughly $4600 because of taxes. that part i do understand. what i don't understand is what...
I rolled over my 401k and a 401k loan that was with my previous company which was sold last february 2010. i just recieved a 1099r for the loan amount but it was treated as a total distribution and it says the full amount is taxable. i am making payments out of my check each week on this loan amount...
|
Is the penalty paid on early withdrawal of a 401k tax deductible We had to withdraw our 401k due to financial problems,we did not claim hardship because it... |
|
What happens to the remaining amount of my 401k? I recently got terminated from my employer. my total 401k balance is $9700 and my vested balance... |
|
I rolled over my 401k and a 401k loan that was with my previous company which was sold last... |
|
I cashed in my 401k in 2007. i did have federal & state taxes withheld from it. i have received... |
|
Do i claim 401k gross distribution (1099r) as wages or is it considered something else? My husband lost his job after five years and, because he did not have another job at the time,... |
|
Vested balance vs loan balance and 401k vs ira In my 401k, today's report shows that i have 23k as vested balance and 9k as loan balance... |

Ask A Question
Ask a new question about
401k: