topic I open and made contributions to a ROTH IRA in 2017 and then closed it in 2017. Why is the entire distribution taxable and not just the earnings? in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/i-open-and-made-contributions-to-a-roth-ira-in-2017-and-then-closed-it-in-2017-why-is-the-entire/01/635922#M60136 Thu, 06 Jun 2019 07:56:06 GMT justinfreeman911 2019-06-06T07:56:06Z I open and made contributions to a ROTH IRA in 2017 and then closed it in 2017. Why is the entire distribution taxable and not just the earnings? https://ttlc.intuit.com/community/retirement/discussion/i-open-and-made-contributions-to-a-roth-ira-in-2017-and-then-closed-it-in-2017-why-is-the-entire/01/635922#M60136 Thu, 06 Jun 2019 07:56:06 GMT https://ttlc.intuit.com/community/retirement/discussion/i-open-and-made-contributions-to-a-roth-ira-in-2017-and-then-closed-it-in-2017-why-is-the-entire/01/635922#M60136 justinfreeman911 2019-06-06T07:56:06Z Was the contribution made in 2017 made for 2017 or was it... https://ttlc.intuit.com/community/retirement/discussion/was-the-contribution-made-in-2017-made-for-2017-or-was-it/01/635932#M60142 Was the contribution made in 2017 made for 2017 or was it instead made for 2016? Thu, 06 Jun 2019 07:56:07 GMT https://ttlc.intuit.com/community/retirement/discussion/was-the-contribution-made-in-2017-made-for-2017-or-was-it/01/635932#M60142 dmertz 2019-06-06T07:56:07Z It was made in 2017.  It doesn't make sense to tax me on... https://ttlc.intuit.com/community/retirement/discussion/it-was-made-in-2017-it-doesn-t-make-sense-to-tax-me-on/01/635940#M60145 It was made in 2017.&nbsp;&nbsp;It doesn't make sense to tax me on money I was already taxed on. Thu, 06 Jun 2019 07:56:11 GMT https://ttlc.intuit.com/community/retirement/discussion/it-was-made-in-2017-it-doesn-t-make-sense-to-tax-me-on/01/635940#M60145 justinfreeman911 2019-06-06T07:56:11Z You need to enter the Roth IRA contribution to get credit... https://ttlc.intuit.com/community/retirement/discussion/you-need-to-enter-the-roth-ira-contribution-to-get-credit/01/635955#M60151 <P>You need to enter the Roth IRA contribution to get credit for the contribution basis so that it reduces that taxable amount of the distribution.&nbsp; Enter it under <I>Deductions &amp; Credits -&gt; Retirement and Investments -&gt; Traditional and Roth IRA Contributions</I>.<BR /></P> Thu, 06 Jun 2019 07:56:11 GMT https://ttlc.intuit.com/community/retirement/discussion/you-need-to-enter-the-roth-ira-contribution-to-get-credit/01/635955#M60151 dmertz 2019-06-06T07:56:11Z