BarbL
Employee Tax Expert

Get your taxes done using TurboTax

A withdrawal from a traditional IRA that exceeds the standard deduction amounts mentioned by JanD9 will trigger tax.  After subtracting the standard deduction, the next $11,000 in income is taxed at 10%.

A withdrawal from a Roth IRA is not taxable, as you paid tax on the money before you contributed it to the account.

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