DaveF1006
Expert Alumni

Retirement tax questions

Here's what I see. Your original contribution was $20,443 and your proceeds from the withdrawal is $75,000 (more or less depending on the USD). The amount that would go in Box 2A would be $75,000 - 20,443 = $54,557.  This is only an estimate.

 

Now, if your contribution was made with pretax dollars when you initially contributed, then the entire $75,000 is taxable. 

 

@Lee-Ng 

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