Wasn't aware of the income limits for making a deductible traditional IRA contribution until filing my taxes last year. I withdrew the prior contribution because I thought I could do so freely since the contribution was non-deductible. Is that correct?
Now I need to report that withdrawal because I received a 1099-R. How in Turbo Tax desktop Premier version do I report that the withdrawal/distribution should be tax free? Assuming I'm correct that I should be able to withdraw it freely since I got no tax break from the contribution.
Thanks for any help.
