rickspfc75
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My bracket is 22%. If I take an early distribution on my IRA of $12,000 I will pay an additional $3,884 in taxes. $2,884 in Income Taxes and $1,200 penalty. Thi...
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The early distribution would be considered Income? The penalty would not? Can any of the additional IRA withdrawal tax burden be offset by the EV tax credit? Th...
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Please forgive my follow up question as it may be a stupid one. If I have already paid the taxes through Payroll deduction and or IRA withholding in 2019 and th...
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Thank you so much for your answer!
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- Cheered Re: IRA withdrawal to buy an electric vehicle? for dmertz. September 19, 2019 11:27 AM
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- Cheered Re: IRA withdrawal to buy an electric vehicle? for Anonymous. September 19, 2019 10:25 AM
- Cheered Re: IRA withdrawal to buy an electric vehicle? for VolvoGirl. September 19, 2019 10:25 AM
- Posted Re: IRA withdrawal to buy an electric vehicle? on Retirement tax questions. September 19, 2019 9:56 AM
- Cheered Re: IRA withdrawal to buy an electric vehicle? for dmertz. September 19, 2019 8:33 AM
- Posted Re: IRA withdrawal to buy an electric vehicle? on Retirement tax questions. September 19, 2019 8:32 AM
- Cheered Re: IRA withdrawal to buy an electric vehicle? for Critter. September 19, 2019 8:11 AM
- Posted Re: IRA withdrawal to buy an electric vehicle? on Retirement tax questions. September 19, 2019 8:05 AM
- Posted IRA withdrawal to buy an electric vehicle? on Retirement tax questions. September 19, 2019 6:53 AM
- Posted Thank you so much for your answer! on Retirement tax questions. June 4, 2019 4:43 PM
- Posted I have requested a transfer for my traditional IRA and received a check made payable to myself. The check will not be deposit until January. How do I report as a transfer on Retirement tax questions. June 4, 2019 4:43 PM
- Posted 401k Withdrawal before age 59. on Get your taxes done using TurboTax. November 24, 2018 6:07 PM