How much tax do you pay on a lump sum?
You'll calculate the taxes on your lump sum distribution using IRS Form 4972 and the information on the Form 1099-R that will be sent to you by the financial institution handling your distribution.
You'll calculate the taxes on your lump sum distribution using IRS Form 4972 and the information on the Form 1099-R that will be sent to you by the financial institution handling your distribution.