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How do I calculate how much to withdraw from my 2023 Roth IRA contribution to avoid the 6% penalty and how does the 2023 MAGI bracket ($138,000 - $153,000) apply?

I can't see how the TurboTax guided questions get to this calculation.
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CatinaT1
Expert Alumni

How do I calculate how much to withdraw from my 2023 Roth IRA contribution to avoid the 6% penalty and how does the 2023 MAGI bracket ($138,000 - $153,000) apply?

I think this article will help answer your questions: Roth IRA Withdrawal Rules and Penalties

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