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Since your wife is over 59-1/2 she isn't charged the 10% early withdrawal penalty, so the distribution should be taxed as regular income. Are you in the 35-38% tax bracket? That would be the amount of tax on a $2,640 distribution.
Check these items on the 1099-R entry form:
You can preview your 1040 by following these steps:
You will be able to see the income included in your return and how the tax is calculated.
[Edited | 4/9/2020 | 10:29am PDT]
Since your wife is over 59-1/2 she isn't charged the 10% early withdrawal penalty, so the distribution should be taxed as regular income. Are you in the 35-38% tax bracket? That would be the amount of tax on a $2,640 distribution.
Check these items on the 1099-R entry form:
You can preview your 1040 by following these steps:
You will be able to see the income included in your return and how the tax is calculated.
[Edited | 4/9/2020 | 10:29am PDT]
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