How to fill out form 5329 with a Roth IRA and traditional IRA withdrawal used for a first time home purchase.

[ekhk]

Hello, I withdrew about $5700 from my IRA and $4300 from my Roth IRA (for a total of $10000) and used all of it (and additional money) for a down payment when purchasing my first home last year. Sorry for so many questions, your help is most appreciated:

1) In form 5329, only the IRA amount $5700 appears, how come the Roth IRA doesn't show up?

2) Can I still put $10000 in row 2 of Form 5329 since all of this money was used for a first time home purchase or must I input only the IRA amount of $5700? If only $5700, where does the Roth IRA portion get tracked?

3) To confirm, the IRA money of $5700 is taxed even though it is used for a first time home buyer, but it is not subject to an early withdrawal penalty correct?

4) I've attached a photo of what my current set up is, could someone kindly confirm that this is correct?

[macuser_22]

Was any (or all) of the Roth you own prior contributions, not previously withdrawn?

[macuser_22]

Anything on the 5329 line 4?

[ekhk]

Thank you for the quick responses. All of the Roth was contributed previously. This was the first time I have withdrawn anything. Line 4 is empty. Only Line 1 and 2 have the approximate $5700 IRA listed. Everything else on the entire form is empty.

[macuser_22]

You can always withdraw your own Roth contributions tax and penalty free.    Since there is no penalty for the Roth in the first place there is no need to use the $10,000 lifetime home buyers exclusion for it.   You will still have a $4,300 exclusion in reserve for the future.    The blank line 4 indicates no penalty.