Thank you for your advise. To clarify, I opened a 13-monthe CD on Feb 28, 2020 for 2019 traditional IRA contribution. The bank says there will be penalty and interest being forfeited to withdraw it now before March 28, 2021. Since I opened it in Feb 2020 and plan to withdraw it now in Aug 2020, so I said it is a same year reversal. Anyway, I will withdraw and report any earnings if any by Oct 15. I guess that is the best bet to avoid the 6 percent IRS penalty.
