@Jon112 - too many 'nots' in your response. All your income less the standard deduction is 'taxable income'.
You have a $4,000 loss from the sale of stock that occured outside the IRA. You can use up to $3,000 per year to offset ordinary income
how much is the rest of your income prior to any withdrawal from the IRA? then I can answer your question.
Also, on the inherited IRA, are you obligated to required minimum distributions?
you might want to just use this website to answer your own question. You can play 'what ifs' that way.
https://www.dinkytown.net/java/1040-tax-calculator.html
