Talk of The Villages Florida - View Single Post - Taxes on traditional IRA withdrawals
Thread: Taxes on traditional IRA withdrawals
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Old 11-12-2018, 06:44 PM
retiredguy123 retiredguy123 is offline
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Originally Posted by queasy27 View Post
I've been researching this online using estimated tax calculators and made myself even more confused. Any advice appreciated!

With SS income of $20K a year and no other income, is it possible to calculate how much tax I'd owe on traditional IRA withdrawals of $5K and $10K a year?

Age 67 if that matters.
I would recommend you buy Turbotax Basic ($29.99 from Amazon or Staples). Then, you can plug in any combination of income options you want and also file your taxes at the same time.