But the amount on that page (Enter Prior Year Roth IRA Contributions) seems to be asking me for the net of my contributions AND distributions. Ihavewithdrawn mo...
But I have withdrawn money from my Roth IRA...a lot. In fact, my withdrawals exceed my contributions, which means I've benefitted from the earnings as well. Usi...
I only meant that there's no way of getting around paying the penalty for early distribution. It proves that it pays to leave that money alone until retirement ...
Ahh, that explains why Turbo Tax asks how much I've contributed from the Roth IRA's inception, and how much I've taken out (early) up through the previous year....
Thank you, that's a lot of info.🙂 To boil it down, am I still obligated to pay an early distribution penalty since I'm not 59 and 1/2 years old yet? Does that ...