Story thread · 2 reports / 1 sources
He Skipped Every Quarterly Tax Payment This Year. One December Withdrawal From His IRA Erased the Whole Penalty Because of How the IRS Counts Withholding
247wallst.com · 11d
How the coverage leans
Across 1 sources · syndicated copies counted once
The IRS treats withholding and estimated payments by completely different rules, and retirees who discover the gap between them in December can rewrite their entire year's tax picture with a single phone call to their custodian.
First report: The RMD Withholding Move a 74-Year-Old Used to Erase Four Quarterly Tax Payments — 247wallst.com, 12d
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