topic Net regular IRA contributions? in Retirement tax questions

Net regular IRA contributions?

webxpress — Mon, 09 Mar 2026 06:44:10 GMT

TT asks: Enter prior year Roth IRA contributions. Report xxx net regular contributions prior to 2021.

I've been contributing for 20 or so years and have no idea at all how to see what my actual contributions were (as opposed to current value).

Will appreciate your help,

Biff

Re: Net regular IRA contributions?

MinhT1 — Tue, 29 Mar 2022 18:41:27 GMT

TurboTax is asking for your prior Roth contributions to exclude the contributions from taxation in case you have an early distribution from your Roth IRA.

If you are older than 59 /2 and the Roth account is more than 5 years old, all distributions are tax-free and you do not need to enter your prior contributions. This number is for TurboTax use only. It is not reported on your tax return.

Re: Net regular IRA contributions?

webxpress — Thu, 31 Mar 2022 01:05:00 GMT

Thanks!