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withdrew/closed two 401k accounts, paid estimated fed and state taxes, now owe $90k?
withdrew/closed two 401k accounts, paid estimated fed and state taxes, now owe $90k? (posting for a friend) the total withdrawal from the 401ks (coded: due to death) was $729,000. out of that, $149,000 was taken for federal taxes and $85,409 was taken for massachusetts state tax in january of 2022. the remainder was used to purchase a home in february of 2022. doing taxes now, it is showing ~$90k is owed as the $729,000 was taxa...
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