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Retirement tax questions
Yes. You can request a "return of contributions" from the IRA custodian. You can do that anytime before the due date of the tax return (July 15, 2020 if a 2019 contribution, or April 15 2021 if a 2020 contribution.) Any earnings attributed to the contribution will also be return and that would be taxable income.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
May 18, 2020
12:46 PM