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Whether or not your withdrawal from a Roth IRA is taxed depends on a few requirements. First, the funds must have been in your Roth IRA for at least five years before they can be withdrawn. Additional requirements include:
When the withdrawal is made
Whether the withdrawal is from your contributions alone or if it will include earnings
What purpose the withdrawal is made for.
Withdrawals made AFTER age 59 and 1/2 are normal retirement
withdrawals and are not taxed. You paid tax on that income
when you first contributed to the Roth IRA.
If the withdrawal is made BEFORE age 59 and 1/2 and is only up to the amount that has been contributed to the Roth IRA then no income tax is charged. Withdrawals of contributions are tax-free.
If the withdrawal was made before age 59 and 1/2 and includes amounts above what you contributed (your investment earnings) then you may have to pay tax on the earnings portion of the withdrawal. There are certain situations where the IRS
will allow you to withdraw without penalty. Funds can be withdrawn for higher education expenses or to buy a home. Certain hardship circumstances such as permanent disability
also allow funds to be withdrawn tax and penalty free.
Please let me know if you require further information or clarification.
Thank you and best regards,