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Managing taxes in retirement
As we track our taxes during the year, should we find ourselves trending toward owing the IRS, is one option to sell from an IRA and withhold a higher amount to close the gap? We are in the 22 percent bracket and typically withhold that amount on withdrawals. But we might request 40 or 50 percent withholding if it looked like we might owe the IRS too much.
‎October 25, 2023
12:21 PM