@macuser_22 and @xmasbaby0 Thank you for your inputs.
@macuser_22 you are correct, cant survive family of 4 in $3000 income. I ended up using savings from prev years income.
@xmasbaby0 I think I will put numbers in Turbo Tax online for 2020 and see what it brings up in terms of child tax credit.
In worst case I see that I could rollover 24,800 to Roth IRA between me and my wife without additional tax liabilities.
