Have a Tax Question? Ask a Tax Expert
The additional tax that the IRA distribution is going to cause you can be paid by Installment.
If you're financially unable to pay your tax debt immediately, You can make monthly payments through an installment agreement.
You may be eligible to apply for an online payment agreement
You will set this up when you file.
Another option would be to start making estimated tax payments. You can use Form 1040-ES, Estimated Tax for Individuals (PDF), to figure and pay your estimated tax.
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