While it is true that distributions from a Roth IRA are
usually tax free, there are exceptions. Your distribution is coded as an early distribution with no known exception. The 10% you had withheld only covers the 10% penalty - it does not cover the regular income tax on your distribution(s).
You stated that you received two identical Form 1099-R's - are these for two separate distributions? If not, check with your broker about getting corrected forms.
Quick
Summary of Roth distribution rules:
- "If you are over 59½, you may withdraw as much as
you want so long as your Roth IRA has been open for at least 5 years.
- If you are under 59½, you may withdraw the exact
amount of your Roth IRA contributions with no penalties.
- There are special exemptions for first-time home
purchase and college expenses."
These facts are from the following
link:
http://www.rothira.com/roth-ira-withdrawal-rules
You can also take a look at the exceptions to early withdrawals at the same link. After you enter your Form 1099-R(s), Turbo Tax will lead you through questions to see if your distributions meet any of the exceptions to the early withdrawal penalty.
