IRA Distribution
My mother passed in June 2025 and I need to take one of her IRA distributions, and they are asking me to find out how much tax they should withhold. It was supposed to be taken last year. I am 62 years old, on disability, have no other source of income right now, single, no dependents. The amount of distributions is $42,104.97. How much appx should I ask them to withhold? Thank you
Quick Answer:
Based on your situation (single, 62, no other income, no dependents) and using 2024 federal income tax rates as an approximation (2025 rates
Note: This answer is provided for convenience only. It is important that you speak to a CPA about your individual tax situation.