KevinMc Posted August 28, 2015 Posted August 28, 2015 Distributions from a profit sharing or 401-k are subject to mandatory withholding. Does the mandatory withholding apply to a small amount like $300?
david rigby Posted August 28, 2015 Posted August 28, 2015 2015 instructions for Form 1099R: http://www.irs.gov/pub/irs-pdf/i1099r.pdf See the last paragraph on page 12. I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
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