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Retirement tax questions
I had a question about the 5329 - Do I have to pay the 10% penalty on the earnings for every year I file the 5329
For example, I contributed $3000 towards 2016 Roth IRA and $4000 towards 2017 Roth IRA. When I withdrew the amount in 2019, there was a net profit of $300.
When and how am I paying the 10% penalty on earnings?
For example, I contributed $3000 towards 2016 Roth IRA and $4000 towards 2017 Roth IRA. When I withdrew the amount in 2019, there was a net profit of $300.
When and how am I paying the 10% penalty on earnings?
‎June 4, 2019
8:01 PM