Category: 72(t)

We submitted this letter to the Taxpayer Advocate Service (TAS) systemic issue reporting process, a legitimate, formal channel to bring this problem to the attention of the IRS The ambiguity in IRS Notice 2022-6 regarding the payment timing, annuity-immediate (end-of-year) vs. annuity-due (beginning-of-year), creates significant risk for taxpayers using the Fixed Annuitization Method for substantially…