Inherited IRA withdrawal calculator

Enter your own numbers to see how much to take out each year, and what it costs in federal tax. Nothing you type leaves this page.

Room left in the 12% bracket this year

Suggested withdrawal by Dec 31, 2026 $0

Your numbers

Filing status

Single Married filing jointly

Annual wages $ Before taxes. If married filing jointly, both incomes. Pre-tax 401(k)/403(b) contributions $ Per year. These lower your taxable wages. Inherited IRA balance $ Federal withholding at Schwab % The share Schwab sends to the IRS when you withdraw.

Assumptions about future years

IRA growth per year % Your raise per year % Tax bracket inflation per year % Brackets and the standard deduction rise a little every year.

Assume money I take out early is saved or invested and grows at the same rate. Turn this off if you plan to spend it. With it on, plans are compared by what the money is worth at the end of 2036.

Brokerage account (optional)

Gain since Oct 9, 2026 you plan to sell this year $ Only the growth since that date, not the full sale amount. Dividends per year $

Compare the plans

Tap a plan to see it year by year. Ranked by what you keep, best first.

Plan	Fed. tax	Rate	You keep	vs. best

What you keep, by plan

You keep Tax

Year by year

Year	Wages	Take out	Rate	Tax on it	IRA left

Withholding check

The rules, in short

Deadline: the inherited IRA must be empty by Dec 31, 2036.
No yearly minimum: the original owner died before he was required to start withdrawals, so you can take any amount in any year. There is no 10% early-withdrawal penalty.
Federal tax: every dollar you take out of the IRA is taxed like wages, stacked on top of your other income.
Pennsylvania: PA does not tax inherited IRA withdrawals. It does tax brokerage dividends and gains at a flat 3.07%.
Brokerage account: the cost basis was reset to the Oct 9, 2026 value. Only growth after that date is taxable, and it always counts as long-term. Moving cash out of the brokerage account is not income.

Tips

Two tax years, a few weeks apart: one withdrawal in December 2026 and another in January 2027 uses two years of 12% room.
Low-income years are good years: a job gap, school, or parental leave leaves more room at low rates, so that is the time for a bigger withdrawal.
Watch your income-based benefits: IRA withdrawals raise your income on paper (AGI). That can raise student-loan payments on income-driven plans and shrink ACA health insurance subsidies. Brokerage withdrawals do not.