Retirement tax questions

IRS requires you to establish your Required Annual Payment for the year and pay as you go.

You can base your estimate on prior year's tax , or 90% of this year's tax, whichever is smaller.

 

If you know you will get a refund based entirely on withholding alone, you have thereby satisfied the 90% rule.

There will be no penalty.

 

@johnsmy 

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