OK ... the EARNINGS were NOT contributions and should NOT have been deducted or reported on your tax return. Of course the dividends on such a small amount could not have been much especially since they were not reinvested. So if you reported them as taxable dividends when you shouldn't have (since no tax reporting form was issued) then all you can do is amend the open tax years (2019 - 2021) if this even makes a difference worth the effort.
Now when you do take a distribution from the IRA it is fully taxable.
However if you ROLL the IRA into a different IRA you can invest it any way you wish. Sales and purchases INSIDE an IRA are not taxable events and are never reported on an income tax return.
OR you can CONVERT the traditional IRA into a ROTH which is a taxable event ... all the converted funds are taxable on your return.
