Hi,
I withdrew from my roth ira (total about 25k). 15k was my contribution and 10k was my earnings. From what I understand, I should be able to withdraw my contributions tax and penalty free, and my earnings should be tax-free because it was my first home purchase. When I put that 1099 info into Turbotax though, it says I owe an additional 7-8k in taxes.
What's going on?
