Hello,

I'm withdrawing $10,000 from my TD-Ameritrade rollover IRA account to use it towards my downpayment for my house. I'm a first time home buyer.

My question is - while doing so, there is a section in my brokerage account page to enter Federal Withholding and State Withholding percentage. Not sure what to enter here. Is it OK to enter 'None' here and pay the applicable taxes when I file 2016 returns next year?

Please advice.

Thanks!
B