In 2022 I made a distribution of $10,000 from my traditional IRA; Fidelity at the time defaulted to taking out $1,000 for federal taxes and $100 for California state taxes, now reflected in a 1099-R. But isn't this just estimated taxes, so how does Turbotax know what to do?
The distribution comes from a cash drawer with the Fidelity IRA account, which in return is fed by say the sale of stocks. Does the 8949 tax form come into play here?
