Taxed twice on Roth contributions
Taxed twice on Roth contributions I recently withdrew $3700 from my roth IRA- all contribution money, no earnings, so should not have been subject to tax. My tax withdrawal settings were automatically set at 15% (10% federal, 5% state) and I forgot to manually enter 0% when I went to make the withdrawal. $555 ended up being withheld, so my contributions were essentially taxed tw…