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Retirement tax questions
Thank you! I do have one follow up question. When I am going through, it asks if I withdrew from my Roth IRA prior to 2020. Now, I withdrew my 2018 contribution in 2020 and left in the earnings. So do I answer 'no' here? I'm confused because if I answer 'no', on the next page, it asks me to confirm my net regular contributions prior to 2020 that remain in my Roth IRA. Do I then put 0 in this box? It didn't ask me whether I withdrew the contribution in 2020.
I don't want it to look like the ineligible Roth IRA contribution remains in there because 1) I took it out and 2) I don't want to be penalized when I did remove it.
Since they helped so much in my original post, I also wanted to see if @dmertz could throw in their two cents.
March 17, 2021
4:32 PM