So let me understand this correctly:
At time of withdrawal they take out 10% and say they are going to wave the other 10%.
At time of filing taxes they have taken your 10%, say they are waiting the other 10% but tax you 33% over 3 years.
So you are ultimately paying 43% in tax on the distribution.
And there is no option to check to break it up into 3 years. There is only 1 box on the website. It says pay full tax or not pay full tax. It changes your refund from $12,000 owed to $1,800 refund by checking or unchecking that box.
Where is the box to pay 1/3 of the 33% ?
