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<We early withdrew our money from an IRA to invest in stocks. The IRA was with Merrill Lynch . . .>

If a direct IRA trustee to IRA trustee transfer was not used, ML probably withheld 20% of the balance for income taxes. You have 60 days to rollover to another IRA the funds received from ML and an equivalent 20% or pay income tax (and a 10% penalty if you are under 59 1/2) on any amount not rolled over.
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