I will contribute to ira for the prior year to lower taxes. Then I will take a distribution of same amount within a week to buy a house. Legal? Waiting period needed?

Taxes will go down for the next year. So I want to lower taxes for this year and push them off until the next year. Is there a needed waiting period to keep the money in the ira for it to be “counted” as a contribution. It needs to be included on for 5498. This is prior to the cutoff for prior year contributions.