https://ttlc.intuit.com/community/retirement/discussion/credit-for-roth-ira-contributions-i-withdrew-my-contributions/01/422131#M38280 <P>I have been contributing to a Roth IRA for a few years now.&nbsp; I contributed $4000 total to it.&nbsp; I stopped contributing around June 2018.&nbsp; This year, March 2019 I withdrew all $4000 but left whatever earnings I made in the account to avoid paying taxes and penalties.&nbsp; I am now trying to answer a question on TurboTax related to getting a credit for retirement savings contributions.&nbsp; It asks to enter any distributions i received from retirement plans before the due date of 2018 tax returns.&nbsp; Must I report my $4000 distribution from March 2019 if this is only contribution money?<BR /></P> Tue, 04 Jun 2019 21:14:37 GMT farmaholic 2019-06-04T21:14:37Z https://ttlc.intuit.com/community/retirement/discussion/credit-for-roth-ira-contributions-i-withdrew-my-contributions/01/422131#M38280 <P>I have been contributing to a Roth IRA for a few years now.&nbsp; I contributed $4000 total to it.&nbsp; I stopped contributing around June 2018.&nbsp; This year, March 2019 I withdrew all $4000 but left whatever earnings I made in the account to avoid paying taxes and penalties.&nbsp; I am now trying to answer a question on TurboTax related to getting a credit for retirement savings contributions.&nbsp; It asks to enter any distributions i received from retirement plans before the due date of 2018 tax returns.&nbsp; Must I report my $4000 distribution from March 2019 if this is only contribution money?<BR /></P> Tue, 04 Jun 2019 21:14:37 GMT https://ttlc.intuit.com/community/retirement/discussion/credit-for-roth-ira-contributions-i-withdrew-my-contributions/01/422131#M38280 farmaholic 2019-06-04T21:14:37Z https://ttlc.intuit.com/community/retirement/discussion/yes-this-has-nothing-to-do-with-tax-on-the-distribution/01/422138#M38283 <P>Yes.</P><P>This has nothing to do with tax, on the distributions; but whether you qualify for the credit. Any distribution, taxable or not, disqualifies you from the credit (you can't take money out and get a government credit for essentially putting the same money back in)</P> Tue, 04 Jun 2019 21:14:38 GMT https://ttlc.intuit.com/community/retirement/discussion/yes-this-has-nothing-to-do-with-tax-on-the-distribution/01/422138#M38283 Hal_Al 2019-06-04T21:14:38Z