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Level 3
April 4, 2020
Solved

Early roth distribution

  • April 4, 2020
  • 2 replies
  • 16 views

Distribution from a Roth IRA before age 591/2 for medical expenses due to the birth of a child.   How do I show that on the return or how do I show that the amount taken was from the original contributions to the IRA and not from earnings?

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2 replies

sjrcpa
Level 15
April 4, 2020

You need to have the basis in the ROTH entered.

The more I know the more I don’t know.
George4Tacks
Level 15
April 4, 2020