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New Member
posted Apr 9, 2025 1:33:33 PM

Hello I have had my Roth since 2000, I contributed about $6100 in 2022, then took a distribution in 2024 for $6000. Why am I being taxed on the $6000?

0 1 1824
1 Replies
Expert Alumni
Apr 9, 2025 1:39:10 PM

Check the code in box 7.

 

  • It should be Q or T
  • These are the codes for a ROTH distribution
  • Anything other than that may be taxed.

If those were not the codes, contact your fund manager