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If it is a traditional IRA and it was funded with deductible IRA contributions or a rollover from another retirement plan of pre-tax monies then it will be subject to federal and state income taxes at your tax rate. Your tax rate on the distribution will be based on the amount of your other income (including taxable unemployment compensation), filing status, and deductions. For example, if your other income for the year was $20,000 and you file single, then the federal income taxes would be $300 (15% of $2,000).
You will also be subject to a 10% federal income tax penalty because you are under age 59 1/2 unless an exception applies (such as to pay for educational expenses, health insurance premiums, etc).