Hi there again VolvoGirl,
Thanks again for your replay..appreciate your efforts just before X-mas! I did have to use my 403B last year but unfortunately have been using AARP to do my returns and didn't learn anything until now. So I will enter the values that I can see from my statements to arrive at the gross distribution on line 1 and the Federal income tax on box 4. I now see the "! FORM 1099-R (with Company Name)" on the left pane. Glad to have you help me enter the values so I can get a better handle on how much emergency funds I can take out this year. I didn't know I can do that. I am assuming if my estimate are close, I should be able to take out enough to cover this coming year's added expense so this really helps! I didn't know the difference between the desktop, online, app products. Was challenging since I did't know I can look "under the hood" to get to a form. Assuming I understand everything to date, I should be able to make estimates to figure out withdrawls to keep me in the 10-12% tax brackets? And finally, Should I assume NEXT year's 2025 Standard Deduction rules will be similar or are there expiring tax laws in the following years? Enjoy the holiday with Family and Friends!
