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Retirement tax questions
OK, I see aht you might be thinking of
..............for 2023 quarterly Estimated taxes specifically.
The software's 2022 preparation of 2023 estimated taxes will use your 2022 income (including that 50k distribution) as the initial default calculation for 2023.....BUT, if you go thru the calculation's interview questions, step-by-step, you can remove that excess 50k of income, as long as you do not plan to take that kind if distribution again in 2023.
And even if plans change, and you do decide you will need to do it later in the year, as long as you have sufficient $$ withheld from the distribution itself, it may not significantly affect your quarterly estimates.....but your final 2022 tax return results (refund or owe more) should tell you how to better handle the withholding from the 401k Distibution in the future.