That's not what the 8606 instructions sayWell, you have to read all of them, and that can be daunting. (What you need are pages 7 and 8 of the instructions.) Let's see if we can walk you through it.You want Part III of Form 8606. Line 19 is the amount you withdrew. Line 20 is the amount you have contributed, not including conversions, to the Roth that has not been returned to you (page 8 of the 8606 instructions).Assuming that line 21 is zero or less, you owe no penalty.You got hung up on the page 2 discussion of qualified distributions. Your distribution was not a qualified distribution, but not all "unqualified" distributions result in a penalty.I'm sure Roy (TMF Taxes) accepts your apology.Phil MartiVITA Volunteer
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