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Hi Cindy. My name is ***** ***** I will be happy to help you.
It will depends on your tax bracket. 52K is with the 20K distribution or without? Also what's your filing status?
If the 20K is in addition to your 52K, as single you will be in 25% tax bracket, which means the 20% withheld will not cover it. But if your employer is taking more from your paycheck, you may break even. Your estimated liability (before any withholding) as single without dependents is $11,000. 4K will be withheld from distribution so you will need to look at your paystub how much your employer is currently withholding and estimate your withholding for the entire year. This should give you a good idea how much you will owe of if you get any refund.
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