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Get your taxes done using TurboTax
Thank you so much, you are great!
I just have one more question if you don't mind. Would the contribution basis reduce due to the withdrawal? What I mean is for the future years, let's say I contributed another $100. Would the contribution basis now be $300 or would the withdrawal cause the basis to reduce to $200? The basis doesn't change from withdrawals right?
‎November 8, 2023
4:24 PM