Tax WH on Required Minimum Distributions required ?

[rfahey]

Can you tell me if federal tax WH is required on Required Minimum Distributions to the owner of a company with a profit sharing plan ?

THanks

[ETA Consulting LLC]

Can you tell me if federal tax WH is required on Required Minimum Distributions to the owner of a company with a profit sharing plan ?

THanks

It's 10%, but he can elect out of it.

Good Luck!

[BG5150]

You can use Form W4-P for that.

[david rigby]

Instructions for W-4P:

http://www.irs.gov/pub/irs-pdf/fw4p.pdf