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Get your taxes done using TurboTax
Unfortunately, some taxpayers misunderstand the 10% early withdrawal penalty exemptions as also applying to the regular taxes due on the distribution. They do not.
She won't have to do estimated tax payments for 2022 unless she plans to take another distribution. If she does, she can instead arrange to have taxes withheld from it.
‎February 17, 2022
4:55 AM