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I am 61 yrs, and have a basis amount in my traditional IRA. First, can I withdrawal the basis amount tax free? Second, how would this be documented on my taxes for 2022?

 
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I am 61 yrs, and have a basis amount in my traditional IRA. First, can I withdrawal the basis amount tax free? Second, how would this be documented on my taxes for 2022?

@madrat45 

When you have  a basis amount in your IRA,

visit IRS.gov for Form 8606 which provides the calculation of the pro-rated fraction of that basis that is not taxed when you remove funds from your Traditional IRA.

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