Need to close ira not working how much tax

Assuming this is a traditional IRA, there is a 10% Early Wiothdrawal Penalty if you are younger than 59.5. years of age.

Plus you pay ordinary income taxes, state and federal.

Withdrawal from Trad. IRA is treated as income. Since you do not have any other income, you may not owe any income tax or may owe little income tax. However, you will pay 10% early withdrawal penalty.