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Retirement tax questions
The tax that was withheld was an estimate of the tax you would owe, just like the federal tax employers withhold and put on your W-2. When you enter the 1099R and all of your other income, it all adds together and your tax refund or tax due is calculated.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
‎February 3, 2024
1:16 PM