Guest TRUST53 Posted December 11, 1998 Posted December 11, 1998 Does the state of California require tax withholding on lump sum distributions from qualified plans?
Guest greymann Posted December 11, 1998 Posted December 11, 1998 The state of California requires withholding at a rate that is 1/10 of the federal tax withholding rate (which then would be 2%), unless the recipient elects out of this withholding. I will try to get a cite on this.
Guest greymann Posted December 17, 1998 Posted December 17, 1998 The California pension withholding statute is found in California Unemployment Insurance Code Section 13028.
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