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Get your taxes done using TurboTax
@timtbonicus wrote:
......is my income whatever I decide it is, simply by how much I decide to withdraw?
No, the amount you withdraw is simply not relevant unless you are withdrawing funds from certain retirement accounts.
Your income, for federal income tax purposes, is the amount of dividends, interest, capital gains, et al, that the investments generate.
‎November 16, 2022
1:44 PM
485 Views