My husband (81 yrs) had a stroke, confined to a wheelchair. Had to withdraw 25000 from my IRA. Is this taxable as it is for medical hardship. We are both retired.

The IRA distribution will be taxable but there will be no taxable penalty on the distribution.

To qualify, you must pay the medical expenses during the same calendar year you make the withdrawal. Also, your unreimbursed medical expenses must exceed 7.5% of your adjusted gross income (AGI).5



For example, if your AGI is $100,000 and your unreimbursed medical expenses are $15,000, the most you can distribute penalty-free is $5,000—the difference between $15,000 and 7.5% of your AGI ($100,000).

In TurboTax enter 1099-R in the Search box at the top of the page and click the Jump to link.

After you enter your 1099-R and hit Continue.

You will continue through several screens (most have to do with disaster withdrawals and repayments)

You will come to a screen titled Let’s See If We Can Lower Your Tax Bill

Hit Continue what you are looking for is on the next page

Note: Excludible medical expenses are those above 7.5% of your Adjusted Gross Income (AGI)

I am sorry to hear about your husband. Wishing you and your husband the best.