The "Learn More" example in this section appears to me to be correct. However, the prompt "Roth IRA Contributions prior to 2020" is misleading in my case. Here's why. I contributed $24,799 to my Roth IRA in years 2013-2019 (this is the total amount including contributions from all of these years). In 2020, I contributed an additional $3,000 (new grand total for contributions is $27,799), after which I took a distribution of $27,500 (in the year 2020). The way this prompt is worded (Roth IRA Contributions PRIOR to 2020), I should enter "$24,799". However, if I do that, then I will be paying an early withdrawal penalty on $2,701 ($27,500-$24,799). This is not correct though since I contributed $27,799 prior to withdrawing $27,500. I am only withdrawing from my contributions, not from earnings. There should be no penalty. The prompt should instead ask me to enter my total contributions up to 2020 and including 2020 ($27,799), but only up to my withdrawal date. Right? The example seems to show it this way, but the prompt seems to suggest otherwise. ?
