You'll need to sign in or create an account to connect with an expert.
It is a provision in the tax code allows the use of a special
formula called “ten-year income
averaging
” by qualifying individuals or their beneficiaries to determine the tax liability with respect to a lump sum distribution they may receive from an employer-sponsored qualified plan or annuity.
For more information:
It is a provision in the tax code allows the use of a special
formula called “ten-year income
averaging
” by qualifying individuals or their beneficiaries to determine the tax liability with respect to a lump sum distribution they may receive from an employer-sponsored qualified plan or annuity.
For more information:
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
CherylinTexas
New Member
slcfan
New Member
guitarbanae
New Member
sbchapp
Level 2
RayeL
Level 2