Q: Can I skip making estimated payments and have the total tax I owe for the year taken out of the RMD?
A: Yes.
Q: Will this be counted as having been withheld evenly throughout the year, and result in no underpayment penalties or interest charged?
A: Yes. Amounts withheld from IRA distributions are considered paid evenly throughout the year, even if made in a lump sum payment at year-end.
**Answers are correct to the best of my ability but do not constitute tax or legal advice.
