I took out money from my roth and TT said I need a 8606 from the irs not sure why ?

[dmertz · Accepted solution]

Any distribution that you receive that is not a qualified distribution is required to be reported on Form 8606 Part III to calculate the taxable amount of the distribution.

To be a qualified distribution, on the date of the distribution you are required to have met both of the following requirements:

1. You are age 59½ or older at the time of the distribution, and
2. The distribution is made more than 5 years after the beginning of the year for which you first made a Roth IRA contribution.