Retirement tax questions

It depends on how you took it out.

 

If you properly told the IRA custodian that you wanted a "return of contribution" and they also returned any earnings attributed to the contribution while in the IRA, then they will issue a 1099-R next year with a code J8 showing the return of contribution as if it never happened and you can still contribute the maximum that you are eligible to contribute.

 

If you simply took a normal distribution, then the IRA custodian will issue a 1099-R with a code J.   Your contribution was not removed so you cannot contribute more.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**