Yes, you are able to take a distribution of your Roth IRA contributions tax-free. While entering your Roth IRA distribution you will see a follow up question that asks for your prior year Roth contributions previously withdrawn. You need to enter a value when that question is asked so that TurboTax can calculate the distribution correctly.
To enter your current year Roth IRA contributions follow the instructions below:
1. Log on to TurboTax and continue with your return
2. Click on the Federal Tab
3. Click on Deductions & Credits
4. Click on Start next to Traditional and Roth IRA Contributions (scroll down in the list and click the screenshot below for a visual reference.
5. Enter your 2017 Roth IRA contributions by following the TurboTax prompts.
[Edited 02.17.18 | 6:05 PM]
