topic If I am 60 do I have to pay additional tax on money I withdrew from my IRA the bank withheld 10% in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/if-i-am-60-do-i-have-to-pay-additional-tax-on-money-i-withdrew-from-my-ira-the-bank-withheld-10/01/103131#M6923 Sat, 01 Jun 2019 04:32:20 GMT p_p_56 2019-06-01T04:32:20Z If I am 60 do I have to pay additional tax on money I withdrew from my IRA the bank withheld 10% https://ttlc.intuit.com/community/retirement/discussion/if-i-am-60-do-i-have-to-pay-additional-tax-on-money-i-withdrew-from-my-ira-the-bank-withheld-10/01/103131#M6923 Sat, 01 Jun 2019 04:32:20 GMT https://ttlc.intuit.com/community/retirement/discussion/if-i-am-60-do-i-have-to-pay-additional-tax-on-money-i-withdrew-from-my-ira-the-bank-withheld-10/01/103131#M6923 p_p_56 2019-06-01T04:32:20Z You won't have the 10% Early Withdrawal Penalty for being... https://ttlc.intuit.com/community/retirement/discussion/you-won-t-have-the-10-early-withdrawal-penalty-for-being/01/103144#M6927 You won't have the 10% Early Withdrawal Penalty for being under 59 1/2.  But after you add the withdrawal to your other income the 10% the bank took out may not be enough and you might owe more. Sat, 01 Jun 2019 04:32:21 GMT https://ttlc.intuit.com/community/retirement/discussion/you-won-t-have-the-10-early-withdrawal-penalty-for-being/01/103144#M6927 VolvoGirl 2019-06-01T04:32:21Z