- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
If you are permanently disabled, you are exempted from the early withdrawal penalty of 10%, but you still have to pay income tax on the amount of your IRA distributions. This is the reason why you are not receiving a full refund of your taxes withheld.
As your itemized deductions are smaller than the standard deduction of $12,200, TurboTax has used the standard deduction to give you a larger tax break.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎April 2, 2020
6:05 PM