RobertB4444
Employee Tax Expert

Get your taxes done using TurboTax

You should look at your overall tax rate from the year prior.  That will get you to the point that you may still owe a little money or get a little refund but you will cover it pretty well.  

 

If you are taking a large distribution then the best idea is to withhold at least 20% - maybe 25%.

 

Here is TurboTax's withholding calculator to get you as close as possible.

 

@astec1968 

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