Origin of the name Kenneth: Of Scottish origin, Kenneth is the Anglicized form of the Gaelic Cinaed and Cionaed (born of fire), and Coinneach and Caoineach (comely, handsome). Short: Ken. Pet: Kenny.
An IRA disbursement must always be reported as income on your tax return, but it won't always be taxable. The taxability depends on whether your taking disbursements from a Roth or traditional IRA and whether you're taking qualified or nonqualified distributions.
1 For instance, contributions to a Roth IRA are not tax deductible while contributions to a traditional IRA may be deductible. 2  However, while distributions (including earnings) from a traditional IRA may be included in income, the distributions (including earnings) from a Roth IRA are not included in income. For instance, contributions to a Roth IRA are not tax deductible while contributions to a traditional IRA may be deductible. 2  However, while distributions (including earnings) from a traditional IRA may be included in income, the distributions (including earnings) from a Roth IRA are not included in income.