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...

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 and .

Get In Touch - N. Orlando Accounting Services, Inc.

You can count on us for professional, timely, and reliable tax and accounting services. If you’re ready to get started, just fill out this form and we’ll be in touch.

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 and .
Welcome to N. Orlando Account Services! Please take a look around our website.
We'd love answer any FAQs you have for us!
Please fill out the form and our team will get back to you shortly The form was sent successfully