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I contributed $5,760 into my Roth IRA from 2020 to 2023. I took an early withdrawal of $5,000 last year. Do I have to pay taxes and penalties on this amount?
brax080196
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I contributed $5,760 into my Roth IRA from 2020 to 2023. I took an early withdrawal of $5,000 last year. Do I have to pay taxes and penalties on this amount?
The IRS website says no, but Turbotax is charging me a penalty.
February 23, 2025
12:07 PM
