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Retirement tax questions
Hi HnkBlz1991,
That is a good follow up question. When you apply for Social Security Benefit, you can ask them to withhold funds from your benefit to be credited toward your federal taxes. This also applies to your pension. You can also withhold funds from your pension to pay for your taxes.
Please use the tax calculator to figure out how much to withhold.
https://turbotax.intuit.com/tax-tools/calculators/taxcaster/
Hope this answers your question. If you have any other question, feel free to reply.
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‎July 26, 2023
1:03 PM
1,113 Views