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Inherited IRA and minimal earned income
Good afternoon
I recently inherited an IRA as the beneficiary. My dad passed August 2024. I also was in a very bad car accident and earned below $10,000 of earned income. Is it advisable to take a distribution now in 2024 as my tax bracket will be much lower. Is there a penalty. Thank you
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‎December 21, 2024
10:57 AM