in 2019 I took a $1200 early withdrawal from my Roth IRA to help my daughter pay for Vet school applications. Vanguard held $120 for taxes, which I entered on the 1099R info. The code for box 7 on the 1099R was J-Early distribution. This was the first and only time I have taken money from the Roth IRA. My question is in reference to where it ask me for prior years contributions. I have had this account for at least 10 years now. I entered my contributions to the Roth prior to 2019 like it asked, $12,760, and when I did the amount of my estimated refund went up $347 dollars. I am fine with the additional refund of course, but something tells me this may be incorrect?
