State Taxes on IRA Withdrawals
Tax Question: I’m doing my first IRA withdrawl from my Vanguard account and my state (NC) doesn’t allow Vanguard to take out state taxes. Do the federal rules about taxes from IRA accounts apply to state as well? Meaning, the IRS doesn’t care when I pay my taxes on my IRA withdrawals so I can pay them at the end of the year, is this rule the same for state or will I have to make quarterly estimated taxes for state?
Permalink Submitted by David Mertz on Wed, 2023-05-17 12:44