https://ttlc.intuit.com/community/retirement/discussion/does-a-traditional-ira-withdrawal-get-taxed-to-pay-my-2016-taxes-i-am-68-years-old/01/380292#M33918 Tue, 04 Jun 2019 00:51:27 GMT lpdaggett 2019-06-04T00:51:27Z https://ttlc.intuit.com/community/retirement/discussion/does-a-traditional-ira-withdrawal-get-taxed-to-pay-my-2016-taxes-i-am-68-years-old/01/380292#M33918 Tue, 04 Jun 2019 00:51:27 GMT https://ttlc.intuit.com/community/retirement/discussion/does-a-traditional-ira-withdrawal-get-taxed-to-pay-my-2016-taxes-i-am-68-years-old/01/380292#M33918 lpdaggett 2019-06-04T00:51:27Z https://ttlc.intuit.com/community/retirement/discussion/a-traditional-ira-withdrawal-will-always-be-part-of-gross/01/380295#M33920 <P>A traditional IRA withdrawal will <U>always</U> be part of gross income, regardless of age, and then applied against your deductions and exemptions.<BR /></P><P>For those under 59.5, there is also a 10% early withdrawal tax, but the IRS has some exceptions.</P> Tue, 04 Jun 2019 00:51:29 GMT https://ttlc.intuit.com/community/retirement/discussion/a-traditional-ira-withdrawal-will-always-be-part-of-gross/01/380295#M33920 KenH1 2019-06-04T00:51:29Z