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Intercst sez:

<<This may be a fine point, but I don't think you can treat your IRAs as "one giant pool" if you're taking SEPP distributions. If you use only one IRA to calculate an SEPP distribution, you may only withdraw your distribution from that IRA.>>

I agree you select the IRA for the SEPP, but to be honest I'm not sure you are correct or incorrect as to computing the taxes on the distribution. My gut reaction is you still pool all the IRAs to see how much of the SEPP will be taxed. I'll do some checking on that issue. In the interim, perhaps someone else like TheBadger can answer off the top of the head.

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