Are taxes paid on ira or sep RMD applied to taxes paid in 2018

pete373 · ‎June 1, 2019

Coleen3 · ‎June 1, 2019

Yes, withholdiung on these (and on any) forms are applied to taxes.If you had withholding on your 1099-R, it is used to reduce your tax liaiblity. All income and all payments are reconciled on your return. If you paid too much in, you get a refund. If you did not, you have a balance due.

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Coleen3 · ‎June 1, 2019

Yes, withholdiung on these (and on any) forms are applied to taxes.If you had withholding on your 1099-R, it is used to reduce your tax liaiblity. All income and all payments are reconciled on your return. If you paid too much in, you get a refund. If you did not, you have a balance due.