15K in 401K

[ascension124]

I found 15K in my 401K account and want to cash it out asap but want to avoid paying taxes? Just want to cash with paying as little taxes as possible.


Has anyone done this?

 

[floopmaxxed]

jfl the jews will steal it all

 

[ascension124]

jfl the jews will steal it all

Yeah

 

[Whatever]

I cashed out about $9,000 last year, they took federal and state taxes out of it then (like they would with your paycheck) and then on top of that last month they sent me a 1099-R to include when filing my taxes, which jacked up my tax bill by another $1,000, it’s such bullshit. I stopped putting into it after this.

 

[ascension124]

I cashed out about $9,000 last year, they took federal and state taxes out of it then (like they would with your paycheck) and then on top of that last month they sent me a 1099-R to include when filing my taxes, which jacked up my tax bill by another $1,000, it’s such bullshit. I stopped putting into it after this.

What a scam the west is dude even money is hard mode JFL