Thanks Cathy
And if my IRA withdrawal was $22,000 would it be
$22,000
+ .50 x $24,000
- $12,000 standard deduction (assuming you are 65 or under and not blind)
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$22,000 taxable income
Tax calc:
.1 x $9525
+ .12 x ($22,000-9525)
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2449.50 tax