December 7, 2017

Are you over 59-1/2 and having a low-income year?

Are you over 59-1/2 and having a low-income year?

If yes, you may be able to take an IRA distribution without any tax.

Even if you do file a return, but your taxable income is negative due to deductions and exemptions, you can also take a tax-free IRA distribution.

Share this article...

Facebook
Twitter
WhatsApp
LinkedIn
Pinterest
Reddit
Email

Want tax & accounting tips and insights?

Sign up for our newsletter.

I confirm this is a service inquiry and not an advertising message or solicitation. By clicking “Submit”, I acknowledge and agree to the creation of an account and to the Terms of Service and Privacy Policy.

Scroll to Top