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Personal Finance and Investing

marybourg

(13,207 posts)

1. For those already taking RMDs, having the amount of tax you owed last year

Reply to mahatmakanejeeves (Original post)

Sun Jan 14, 2024, 05:02 PM

Jan 2024

(safe harbor amount) withheld from your RMD this year counts as withholding for the entire year and does away with the need for paying quarterly estimated taxes. Just mentioning this because it’s evidently not well known.

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Fourth quarter IRS estimated tax payments are due Tuesday, January 16, 2024, [View all] mahatmakanejeeves Jan 2024 OP

For those already taking RMDs, having the amount of tax you owed last year marybourg Jan 2024 #1