- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
I have a Precious Medals Traditional IRA with Noble Gold. They work through Equity Trust Company. I'm 66 years old and last February of 2023 I withdrew $50,407.17 from the account and 10% was given to the Federal Government. $45,366.45 was deposited into my Credit Union. I received my 1099-R and while attempting to do my taxes for 2023 it appears that I still owe them $7000 more in taxes! How is this possible?
‎February 8, 2024
4:15 PM