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Steve
Question about the taxes on an early IRA withdrawal?
I know there is a 10% penalty on early IRA withdrawals and you also have to treat the withdrawal as ordinary income on your taxes. My question is does the whole amount count as income or just the amount after the 10% penalty. In other words, if I cash in my $10,000 IRA the bank holds out $1,000 for the IRS and (for example) $300 for their penalty and cut me a check for $8700. When it comes time to report my income on my 1040 do I report $10,000, $9,000 or $8700?
7 AnswersUnited States1 decade agowho is the girl in the commercial with p. manning, a-rod, d wade, etc. Their heads are on kids bodies.?
I think its a Nike commercial.
5 AnswersOther - Sports1 decade agoCan someone recommend a good comprehensive book about World War I?
The first World War was pretty much ignored when I was in school and I'd like to learn alot more about it.
3 AnswersHistory2 decades ago