No...if you spread it out you would likely be paying less in taxes...but that really depends exactly on how many years you spread it (and whether congress changes the brackets in the meantime).
One ref for tax brackets is here:
2022 Tax Brackets and Federal Income Tax Rates | Tax Foundation
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IF you look at the tables, and your current 110k income (and assuming no other income at all).
AND....Looking at Federal taxes only & using Std Deductions:
(Bah...have to readjust some...bad math)
ROUGHLY....For a MFJ couple & 110k income to start, you'd get a ~26k Std deduction, which reduces your taxable income down to ~79 84k. If you look at the 2022 table, that shows the first 20.5k is taxed at 10%, and most of the rest at 12% (right up to the 22% starting break point).
IF you then also took out 100k from the inherited IRA, that adds to your taxable income, bumping it up to ~179 184k taxable income....so the first part of the 100k you added (between the starting 84k and 178k ) is taxed at 22%, then the 6k bit from 178k to 184k gets hit at 24%.
If you take much more than 100k out of the inherited IRA, then you can see from the tables, that much of it starts to get taxed at 24%
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
