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Retirement tax questions
Thank you!
It's weird though because just to see what would happen I took out the tax withheld amount on 1099 r and my refund went up, I would think it would of gone down since that's less tax I paid? Since this is through the care act do you know if I should pay 10 or 20% tax on the amount taken.
Also I checked the box to have all the tax taken out in 2020 and my tax refund amount went down.
Then I redid it and did not check the box thinking they would give me option how I wanted to claim the payment over 3 years but it didn't. All it did when I unmarked that box was make my refund like triple. Any idea how I can break up the amount over the 3 years they say you can?
Thanks and let me know.
March 1, 2021
9:10 AM