Thank you for the clarification. Essentially I need to both withdraw the contributions and any earnings. The earnings will be taxed at my marginal income rate and there will be a 10% penalty.
If I take the distribution before April 15th of this year, will I need to account for this in 2023 filing or will it be for 2024 since we are past Jan 1st? As you mentioed before, I should have done this a week ago. So now I pay another 6% for 2024 and the 10% + income tax will be accounted for in 2024 tax year?
