Solved
ROTH was opened in 2017. Total contributions made between 2017-2021 equals $5000. In 2024 I withdrew $10,395. What do I enter for ROTH IRA Contributions prior to 2024?
No text available
$5000
TT is trying to determine if the part above $5000 (the earnings ) is taxable.
If you are over 59.5, then there is not going to be any tax in any event
if you are under 59.5, the portion over $5,000 is taxable and subject to a 10% penalty.
this assumes no Roth conversions occurred.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
