1099 R Early Distribution from Roth IRA

[chrisnuge13]

I took an early distribution from my Roth IRA in 2025. I also took an early distribution in 2024 but only up to the cost basis amount of the Roth so it was not taxable. When completing 2025 taxes, turbo tax asks what my basis/previous contribution were to my Roth and is deeming the 2025 early distribution non taxable but that doesn't feel correct. Should I input zero for the previous contributions know that I already withdrew the cost basis amount in 2024? The 1099R is just marked early distribution. 

[MinhT1 · Accepted solution]

Yes, you are correct.

When asked for your prior contributions to your Roth IRA, you should enter your NET contributions (after deduction of your past withdrawals of contributions).

In your case, you should enter 0. Your early distribution of earnings will be subject to the 10% penalty on top of income tax.

[chrisnuge13]

Thank you!