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Brokerage accounts
If I plan to withdrawal all of my funds from a brokerage account with significant profits and the brokerage firm I am using does not have the option to withhold any money for taxes. What type of penalties can I expect to pay to the IRS? Or since this is 1099-B income, this is not income that I could have projected to withhold in my W-2?
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‎June 5, 2019
3:32 PM