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MJ2404
Level 2

Return of Contribution - TurboTax 2020

I have requested a return of contribution on my traditional IRA from Fidelity because I'm not qualified to get a tax credit on my 2020 tax returns.  My question is do I need to enter the $6000 contribution on my 2020 tax return or no?  

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‎February 16, 2021 9:55 AM
last updated ‎February 16, 2021 9:55 AM
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DanaB27
Expert Alumni
Expert Alumni

Return of Contribution - TurboTax 2020

No, if you withdrew the entire contribution then you do not need to enter the contribution. 

 

 

 

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‎February 16, 2021 11:09 AM
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