Assuming your typo meant 2026 (instead of 1016), money you take out of your IRA by the end of 2025---by 12-31-2025 -- must be reported on your 2025 tax return. If you wait and take money out in January 2026, that distribution will go on your 2026 tax return. As @VolvoGirl cautioned you, if you wait until the last minute or last few days of the year, it can cause problems with when the financial institution actually sends the money and with what year they put on your 1099R. If you want to take money out in 2025, do not wait until New Year's Eve.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
