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Automatic Spreading of RMD Withholding
I pay quarterly taxes. When I withdraw the RMD from my 401K in November an amt for federal tax is withheld. The IRS permits me to account that amt as if it was paid in equal amounts over the 4 quarters of the year even though it was actually all paid at once in November. Does the Premier Edition of Turbo Tax automatically do that spreading behind the scenes? I can't find it shown explicitly anywhere in the program.
‎January 26, 2022
7:36 AM