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.
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Tim Thompson CPA PLLC is located in Dallas, Texas and is an expert in all areas of Texas taxes. We can help with individual or business taxes, tax resolution, tax preparation, and tax planning services.