OOPS...I Messed up a bit. I took money out of a stock fund, and grossly over estimated the cost basis. Hence, I have a larger LT capital gain than I anticipated, enough to lose my ACA credit.
It's not a huge deal, as it is just for DW's credit, since I'm on Medicare.
Since I'm losing that credit anyway for 2019, I'd like to have taken enough IRA withdrawal to get to the federal $78,950 (or just short of that for safety) tax bracket and maximize how much I can take out at 12%.
Is it possible to take IRA withdrawals AFTER Jan. 1, and count them as income on the 2019 taxes?
It's not a huge deal, as it is just for DW's credit, since I'm on Medicare.
Since I'm losing that credit anyway for 2019, I'd like to have taken enough IRA withdrawal to get to the federal $78,950 (or just short of that for safety) tax bracket and maximize how much I can take out at 12%.
Is it possible to take IRA withdrawals AFTER Jan. 1, and count them as income on the 2019 taxes?