You need to estimate your overall tax picture, including your RMD, Social Security, and any other income, and then use your RMD withholding to fill the gap.
IRA providers typically withhold 10% of your RMD for federal income taxes by default. This is optional, and you can adjust it up or down based on your needs. You can file Form W-4P with your IRA provider to change the withholding amount.
California taxes RMD withdrawals as ordinary income. Your RMD will be added to your other taxable income for the year. California's income tax brackets range from 1% to 13.3%, so the appropriate tax rate depends on your overall income.
@motalk55 Hope this helps!!
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