I recently heard a Ed Slott interview where he talked about a client that withhold 100% of their RMD for taxes. I have been directing my mom to pay estimate tax but she keeps complaining about having to pay it. My thought was that I can just have RMD withhold 100% of the tax, but her income from her investment comes monthly and the RMD is usually done at the end of the year. Is IRS going to have issue with the amount being withhold at the end of the year? I have read through a few thread, but I don't see one addressing the timeliness of the withholding.
Statistics: Posted by gavinsiu — Sat Jul 20, 2024 8:01 pm — Replies 8 — Views 550