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But there were no taxable events. That is what shows on the tax return. The withholdings are exactly that, withholdings. They are withheld. They are not a taxable event.
A taxable event occurs at the time digits are subtracted from your pay via a W-4. The digits withheld are taxable because you signed a tax form (W-4) authorizing the event of withholding. No 1040 is required if there is no taxable event.
You keep saying that and that is incorrect. The taxable events were the cashing for private credit.
And you keep saying that and that is incorrect. The taxable event occurs at the time the tax is authorized to be withheld (W-4). If you anticipate no taxable event, then no taxes (digits) are required to be withheld.
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