Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jul 6, 2020 12:24:20 PM

If I made <$12k gross last year, but then withdrew $28k of Roth funds, all of it was my original investment, do I still need to file a tax return even though gross income was less than tax return fili

Less than $12k gross income

0 1 356
1 Best answer
Level 15
Jul 6, 2020 4:08:10 PM

Yes, you must file a tax return to show that the Roth IRA distribution is not taxable.

1 Replies
Level 15
Jul 6, 2020 4:08:10 PM

Yes, you must file a tax return to show that the Roth IRA distribution is not taxable.