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Taxation of 403b withdrawal

Posted on: 20th Feb, 2011 10:20 am
I took $20'000. From 403b acct at age 60. $4000. Was wit held for taxes. Will I be taxed on that amount, or will it be figured in as adjusted gross income. We have many deductions from a business loss
Hi Roygreene,

You may be taxed for that amount that you had withdrawn from your 403b account.

Thanks
Posted on: 20th Feb, 2011 07:43 pm
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