My standard deduction is more than our income file as married fielded jointly. How much more is my can I take out of my retirement

[81rxv1te]

Before I have to start paying taxes. IE: Standard Deduction Married filed jointly is 29,200. Our total income is 28,000. Can I withdraw from my retirement. At one point do I start having to owe taxes at 10% or 12% or the next tax bracket? I am trying to minimize my taxes but keep some money to help pay for the inflation food and goods. For example if I take out an additional 10,000 will I be in the 10% Tax bracket? What if I take out 20,000? What tax bracket would I be paying?

[SteamTrain]

Well, we really can't give you any approximate suggestions, since you didn't provide the necessary info.

.....like, are you/spouse over or under age 59.5.  IF under age 59.5, then, for whichever person the distribution comes from, a penalty of 10% will be applied, in addition to any income taxes assessed.   

.....OR, is the $28,000 of income you have already, does that come from SS retirement benefits?  If so, then not all of that will be included in your income, so you might be able to take more as a distribution.

.....then, if a lot of it is distributions from investments, then some of that may not be taxed either.

But here are the tax brackets for 2024, and those $$bracket amounts are for your taxable income After the Std Ded is applied. 

Tax Brackets | TaxEDU Glossary

________________________________