• Community
  • :
  • Discussions
  • :
  • Taxes
  • :
  • Retirement
  • :
  • Re: If I withdraw all funds from my traditional IRA before 59-1/2 years old, how do I calculate the federal income tax and 10% penalty I need to account for?
Bsch4477
Level 15 Bsch4477
Level 15
  • Mark as New
  • Bookmark
  • Subscribe
  • Subscribe to RSS Feed
  • Permalink
  • Print
  • Report Inappropriate Content

Retirement tax questions

You are in the 22% tax rate and in addition will have a 10% penalty on the withdrawal. 

View solution in original post

3 weeks ago
0
963 Views
Reply
Bookmark Icon
Powered by Khoros