Previous year withdrawal from your TD account

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Alan Brown

(@alan-brown)

New Member Customer

Joined: 8 months ago

Posts: 1

Topic starter December 19, 2021 2:35 pm

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 It looks like taxes are calculated for the current year using the amount withdrawn last year (above RMD)??

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Stuart Matthews

(@smatthews51)

Member Admin

Joined: 2 years ago

Posts: 345

December 20, 2021 7:29 am

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

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