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Retirement tax questions
No. You can use your IRA RMD and withdrawals for anything you want. It will still be taxable. Doesn't matter how you pay the taxes on all your income. You can have withholding from your pension and social security or send in quarterly estimated payments. Or even have it all withheld from your IRA withdrawal.
But if you take out more from your IRA to cover the taxes, the withdrawal will still be taxable.
‎January 2, 2024
2:40 PM
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