Are capital losses considered when taxing an early 401k withdrawl?
Posted February 27th, 2009 by admin 2 Comments »
dlkendra asked:
If I have a rollover 401k that has decreased in value from $17,000 to $11,000, and I withdraw the balance, how will the capital losses be considered when taxes and penalties are charged?
If I have a rollover 401k that has decreased in value from $17,000 to $11,000, and I withdraw the balance, how will the capital losses be considered when taxes and penalties are charged?