I made an early withdrawal on my 401k in early 2017. I didn't withhold taxes, because I didn't earn much income in 2016 (lived off savings as I left my salary job in 2015 to start new business). Should I still make estimated tax payments to reach 20% withholding throughout the year? Or will my tax be lower given my low income level in 2016?
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Do I need to make estimated tax payments to the IRS?
https://ttlc.intuit.com/replies/3301891
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