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IRA Tax Withholding and Estimated Taxes
The estimated tax worksheet in TurboTax does not take into account amounts withheld from IRA distributions. For a retiree with no W-2 wages and no W-2 withholding but substantial retirement income from IRA's, the software does not calculate estimated tax payments after deducting anticipated withholding amounts on Form 1099-R. Is there a workaround?
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‎April 3, 2025
9:20 PM