In 2018 and 2019, I made contributions to a Roth IRA. I now want to withdraw my contributions in full. Must I report this as a "return of IRA contribution" as defined in instructions for form 8606 (see below; the instructions say that I must not report the distribution on 8606), or can I simply ignore this section and report my entire distribution in form 8606 and claim exemption from tax due to the contribution basis?
"Return of IRA Contributions
If, in 2019, you made traditional IRA
contributions or Roth IRA contributions
for 2019 and you had those
contributions returned to you with any
related earnings (or minus any loss) by
the due date (including extensions) of
your 2019 tax return, the returned
contributions are treated as if they were
never contributed. Don’t report the
contribution or distribution on Form
8606 or take a deduction for the
contribution. "
