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Steve-J0
New Member

How to calculate tax withholding on 403(b) distribution?

We are about to receive a required distribution from a 403(b) plan that my spouse has inherited.  The remainder of the funds are moving into an Inherited IRA, but how do I figure the amount of tax to withhold on the distribution we are to receive in 2019?

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3 Replies

How to calculate tax withholding on 403(b) distribution?

Inherited from whom?
Steve-J0
New Member

How to calculate tax withholding on 403(b) distribution?

Father, who was over 70-1/2 years old

How to calculate tax withholding on 403(b) distribution?

it depends greatly on the amount of money involved.

Go with 24% and you should be good in almost all circumstances.

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