turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

memom0911
New Member

How to calculate projected 2021 tax on additional 2021 IRA distribution?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

How to calculate projected 2021 tax on additional 2021 IRA distribution?

Your IRA distribution is taxed at your marginal tax rate. If it is a premature withdrawal there is a 10% penalty. 

How to calculate projected 2021 tax on additional 2021 IRA distribution?

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question