No. of Recommendations: 2
I don't have any taxes withheld from the distribution. Nor do I have taxes withheld from Social Security or pensions.

I prefer to calculate my annual AGI and make quarterly tax payments using the Electronic Federal Tax Payments System (EFTPS) ...


Or, y'know, just do a mid-December IRA withdrawal for the approximate amount of what your tax will be, or the safe-harbor amount, and have 100% withheld. I've been doing that for the last few years and it's worked out fine.

Now I'm starting to think that maybe I'll stop the withholding from our monthly pension and let that IRA withdrawal be our entire withholding. The first few years after I retired I tried to juggle the withholdings to be close to the taxes owed, but it was always wildly off and a real PITA. Either it would be way too low and I'd have to write a big check, or way too low and I'd get a big refund.
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