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Previous year withdrawal from your TD account


Alan Brown
New Member Customer
Joined: 1 month ago
Posts: 1
Topic starter  

Need an explanation for the column "Previous year withdrawal from your TD account" in TABULAR PROJECTIONS / AGI Detail. It looks like taxes are calculated for the current year using the amount withdrawn last year (above RMD)??

Stuart Matthews
Member Admin
Joined: 1 year ago
Posts: 263

Please see the section entitled "Handling of Taxes on Unplanned Withdrawals from Tax-Deferred Savings" in the user manual.