turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cuznbee
New Member

the question reads "What were your Roth IRA contributions prior to 2025?" I have no way to check that on my fidelity accounts but it is well above any withdrawn amount.

the question reads "What were your Roth IRA contributions prior to 2025?" I have no way to check that on my fidelity accounts but it is well above any withdrawn amount.
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
Opus 17
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

the question reads "What were your Roth IRA contributions prior to 2025?" I have no way to check that on my fidelity accounts but it is well above any withdrawn amount.

Withdrawals are taxable if they are more than your contributions and you are under age 59-1/2.  The IRS does not keep track for you, you have to maintain these financial records for yourself.  You have to give Turbotax some kind of number.  You might be able to get copies of past form 5498 from your broker and/or the IRS, or you just guess.  If audited, and you can't prove your contributions, the IRS could make the withdrawal taxable.  

View solution in original post

1 Reply
Opus 17
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

the question reads "What were your Roth IRA contributions prior to 2025?" I have no way to check that on my fidelity accounts but it is well above any withdrawn amount.

Withdrawals are taxable if they are more than your contributions and you are under age 59-1/2.  The IRS does not keep track for you, you have to maintain these financial records for yourself.  You have to give Turbotax some kind of number.  You might be able to get copies of past form 5498 from your broker and/or the IRS, or you just guess.  If audited, and you can't prove your contributions, the IRS could make the withdrawal taxable.  

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question