This is just like when your employer withholds a certain amount from your salary for taxes. They send the money to the tax authorities on your behalf.The actual payment of withholding amounts to IRS and State Tax authority happens "automatically" as a part of the withdrawal mechanism executed from my brokerage account IRA account.
Statistics: Posted by 22twain — Sun Nov 10, 2024 1:31 am — Replies 71 — Views 8735