If an individual made a withdrawal from a retirement account in 2020 and has withheld federal taxes on this, is there a way to spread the federal taxes over the 3 year period with the 8915E or must these be claimed/refunded in 2020? If so, how can this be done in Pro-Connect Tax Online? Thank you!
The withholding is a tax payment; it doesn't relate to taxes owed. You just fill in the tax form for how you want treatment. Then, any payments made on their behalf through any combination of withholding and estimates, will be used as always = against taxes owed or overpaid.
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