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BankersOnline.com Forums State-Specific Compliance Issues North Carolina IRA withholding and remittance
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#2278377 - 12/01/22 06:55 PM IRA withholding and remittance
RG Offline
New Poster
Joined: Jul 2021
Posts: 6
Hi, all:

Trying to find information as to whether an out of state financial institution is required to withhold and remit taxes on IRA withdrawals.

Been searching NC code, but thus far have not found anything.

Scenario: institution is located in CA, but I live in Charlotte, NC and make an IRA withdrawal. Is the FI required to withhold and remit the taxes to the state?

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#2278380 - 12/01/22 08:38 PM Re: IRA withholding and remittance RG
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 85,464
Galveston, TX
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#2278384 - 12/01/22 09:10 PM Re: IRA withholding and remittance rlcarey
RG Offline
New Poster
Joined: Jul 2021
Posts: 6
thanks, Randy. You're a wonderful human being.

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