Skip to main content
January 29, 2025
Question

Traditional and Roth IRA deductions help

  • January 29, 2025
  • 1 reply
  • 0 views

Hello, I withdrew my entire traditional and roth IRA accounts before 59 1/2 due to loss of job. I understand the extra tax fee of 10%. My question is, do I still input my contributions for the year even though I no longer have any money in there and I withdrew everything?

    1 reply

    Employee
    January 29, 2025

    Yes, you must enter your contributions.