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That amount withheld for tax will be on your 1099-R so you will report it then. The withholding will be assumed to have been withheld on a quarterly basis.
That amount withheld for tax will be on your 1099-R so you will report it then. The withholding will be assumed to have been withheld on a quarterly basis.
It is not estimated tax.
It is withholding and it is shown on the 1099-R Vanguard will supply to you.
Federal tax withholding will be present in box 4 of the Form 1099-R that reports this distribution. Enter it in box 4 of TurboTax's 1099-R form, nowhere else. TurboTax will then automatically include this amount on line 25b of Form 1040 as a credit against your overall tax liability.
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