I under the age of 59 and have had a Roth IRA for under 5 years.
Last year in June 2018 I contributed $5500 (the maximum allowed for me) to my Roth IRA. Almost immediately (in July 2018) took $3000 of that back out. I am wondering if I am able to recontribute that $3000 right now before I file my taxes. In other words, as it stands right now, I am wondering if my contribution for 2018 are currently $2500 or $5500.
I believe I currently stand at $2500 in contribution for 2018 and that I can deposit another $3000, but I was told something different by Fidelity. I believe this because of this passage from the IRS:
If you withdraw contributions (including any net earnings on the contributions) by the due date of your return for the year in which you made the contribution, the contributions are treated as if you never made them. If you have an extension of time to file your return, you can withdraw the contributions and earnings by the extended due date. The withdrawal of contributions is tax free, but you must include the earnings on the contributions in income for the year in which you made the contributions.
