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Retirement tax questions
Thanks so much!!
If you don't mind a followup question....
I received money back (in Y2024) from the RMD tax distribution from Y2023. I can't think of any reason I would need to include that on Y2024 taxes.
There is, however, a section in "Deductions and Credits" titled "Estimates and Other Taxes Paid"/"Other Income" that has me confused. It appears to be focused on taxes paid related to extensions, which I don't think applies to this case. I simply took the RMD in Y2023, withheld 10% and got some of that money back after filing the Y2023 taxes.
Am I correct in thinking that the referenced section has nothing to do with the RMD and the 10% withheld?
‎February 24, 2025
11:51 AM