mikeak
Nov 11 2003, 08:04 AM
Client wants to change tax withholding form in communication package to specify additional options for federal withholding on rollover-eligible distributions: a percent > than mandatory 20%, or a flat amount in addition to the 20%. I don't know of a reason not to allow this, though I heard a rumor that federal flat amounts are no longer kosher; I have no information to verify or refute that. Anyone aware of any restrictions on this?