I want t take as much cash as I can from my IRA before the 2021 year ends. I dont want to pay any taxes. There should be no early penalty because I am disabled. Married jointly. 57 years old. So for this year 2021 my income was from SSI and a supplemental disability insurance policy.
SSI = $11,251
Disibility ins policy = $2,543
TOTAL 2021 Income =$13,794
Home ln int pd $10,260
Property tax pd $ 3034
Car Reg fee dedutable $150
Charities $500
So I want know how much I can take from my IRA without being taxed or penalized. Married jointly and my wife is retired. She has no income to report. I think I can take about $20,000 from my IRA. Does this seem right? Thanks, G
