Submitted by Vivid_Fox617 t3_10pyb51 in personalfinance
yes_its_him t1_j6mtg27 wrote
Reply to comment by PlumCrazyVee in Mortgage vs withdrawal with income tax hit for home purchase by Vivid_Fox617
Note that if it was 35% tax rate (which it might or might not be depending on other income and other taxes...) then to get 200K, OP would have to withdraw $307,692 to have $200K after tax.
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