Why when I withdraw IRA Roth contribution + earnings, does the error check keep failing because it tells me I should only withdraw the contribution amount?

Forum|Forum|7 years ago
June 6, 2019
4 replies
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the error check in turbotax keeps reporting an error when i report a withdrawal of IRA Roth contribution greater than the contribution amount? The instructions say to withdraw contribution plus its earnings. Why isn't there a way to indicate that this amount is correct and stop the application for reporting this as an error?

TurboTax Premier Windows

Best answer by dmertz

Enter the unadjusted amount returned, not the adjusted amount distributed. The amount you enter as the amount returned must not include the earnings.

macuser_22

Alumni - Champ

Are you entering this in the IRA contribution interview or do you have a 1099-R?

What code in box 7 on the 1099-R?
\What is in box 2a?

**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.**

jiujitsu07731Author

Level 2

interview

macuser_22

Alumni - Champ

See dmertz's answer below.

**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.**

dmertzAnswer

Level 15

Enter the unadjusted amount returned, not the adjusted amount distributed. The amount you enter as the amount returned must not include the earnings.