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E
evilynb
April 9, 2025
Question

Hello I have had my Roth since 2000, I contributed about $6100 in 2022, then took a distribution in 2024 for $6000. Why am I being taxed on the $6000?

  • April 9, 2025
  • 1 reply
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    1 reply

    JohnB5677
    JohnB5677
    April 9, 2025

    Check the code in box 7.

     

    • It should be Q or T
    • These are the codes for a ROTH distribution
    • Anything other than that may be taxed.

    If those were not the codes, contact your fund manager

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