IRA Withdrawl

The simple answer is Yes,  the distribution is entered on your tax return as ordinary income, added to your other income and taxed at your current tax rate.

if by chance you did the withdrawal in the last 60 days you can use other monies to put into an ira as a rollover. I did this in 2016, used money from ira, flipped property before 60 days and put the money back in my ira, you can only do a rollover once every 12 months, and you can put partial back if you don't have the funds for the entire amount or you prefer to pay tax on some now.