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Wallstreet Esq.
Wallstreet Esq., Tax Attorney
Category: Tax
Satisfied Customers: 585
Experience:  10 years experience
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I have an $11,324 24mo. IRA which matures on 1/2/2018. If I

Customer Question

I have an $11,324 24mo. IRA which matures on 1/2/2018.
If I cash it out what are my approx. tax liabilities? I am 68 years old and my taxable income is $38,800 my total income is $63,225
Submitted: 1 year ago.
Category: Tax
Expert:  Robin D. replied 1 year ago.


You stated your total income is $63255, could you break that down by source( SS, Pension, Interest....)

Are you single or do you file Joint?