What are the federal income tax rates on a 401K early withdrawal?

Answer:

The withdrawal will be taxed at the rate determined by your entire taxable income, including the withdrawal. If the early withdrawal has no exceptions, it will incur an additional penalty tax of 10%.

First answer by Jancpa. Last edit by Jancpa. Contributor trust: 79 [recommend contributor recommended]. Question popularity: 2 [recommend question].