I open and made contributions to a ROTH IRA in 2017 and then closed it in 2017. Why is the entire distribution taxable and not just the earnings?

[dmertz]

Was the contribution made in 2017 made for 2017 or was it instead made for 2016?

[justinfreeman911]

It was made in 2017.  It doesn't make sense to tax me on money I was already taxed on.

[dmertz · Accepted solution]

You need to enter the Roth IRA contribution to get credit for the contribution basis so that it reduces that taxable amount of the distribution.  Enter it under Deductions & Credits -> Retirement and Investments -> Traditional and Roth IRA Contributions.