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Retirement tax questions
It's odd that the IRS has not sent you a letter billing you for a tax deficiency for underreporting the 2020 401(k) income.
fanfare's suggestion for opt out of splitting the income over 3 years would result in a higher late-payment penalty than would choosing on 2020 Form 8915-E to split the income evenly over 3 years.
‎November 19, 2022
7:58 AM