Okay, say I have two Roth IRAs. I transfer some money from account A to establish account B and I do it in a different tax year from when I established A. Now at some later date I want to withdraw some money from account B. I can do this for whatever reason as long as I'm withdrawing original contributions and not earnings. But what do I consider to be the amount of original contribution? Is this criteria applied globally to all my IRA accounts or is the accounting done seperately for each account?To make my question clearer let me give some numberssay in 1998 account A looks like thiscontribution 2000earnings 500In 1999 I take 1000 from A to establish B. I also contribute an additional 1000 to A that year.So the question is does my situation now look this Account Acontribution 2000 (2000 - 1000 + 1000)earnings 500Account Bcontribution 1000earnings 0or does it look like thisAccount Acontribution 3000earnings 500Account B contribution 0earnings 0Because now in 2000 I need some money I want to take it out of account B. Let's say it did really well in 1999 and I have 2000 in earnings in addition to the 1000 I opened the account with by moving my money fromaccount A. Can I take a maximum 0 (because I didn't contribute any new money to account B), 1000 (because I moved that amount of original contribution when I opened the account), or 3000 (because in total that's the amount I have contributed to ALL my accounts even though in account B if I were to remove 3000 I'm taking some earnings from that account) without penalty?
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