DanaB27
Expert Alumni

Retirement tax questions

No, won't get a withdrawal penalty on the withdrawn contributions.  

If you made a contribution to your IRA, either traditional or Roth, you can withdraw that contribution tax-free and penalty-free if you do so by the due date of your return. You need to request a return of the contribution with your financial institute.

 

[Edited 1/31/2021 | 8:19am PST]

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