Re: Formula to calculate the gross-up withdrawal amount to include the IRA 10% penalty and the tax on distribution. - Intuit Accountants Community

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Re: Formula to calculate the gross-up withdrawal amount to include the IRA 10% penalty and the tax on distribution.

sjrcpa

Level 15

‎09-20-2021 09:06 PM

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$24,242.

10% penalty $2,424

24% tax $5,818.

Ex-AllStar

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