topic Withdrawal from Roth in Get your taxes done using TurboTax

Withdrawal from Roth

kgraghu — Tue, 10 Mar 2026 06:29:02 GMT

Do I have to pay a 10% penalty for withdrawing contributions from 5+ years old Roth Ira account before the age of 59 1/2 years?

Re: Withdrawal from Roth

Anonymous_ — Fri, 14 Oct 2022 19:54:56 GMT

See https://www.irs.gov/newsroom/what-if-i-withdraw-money-from-my-ira

Exceptions: https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-tax-on-early-distributions

Re: Withdrawal from Roth

kgraghu — Sat, 15 Oct 2022 03:31:03 GMT

According to this, the withdrawal of regular contributions to ROTH is not taxable

www.irs.gov/publications/p590b#en_US_2021_publink100089915

Are Distributions Taxable?

You don't include in your gross income qualified distributions or distributions that are a return of your regular contributions from your Roth IRA(s).