Important information on Roth IRA-Tax on Distribution Part 1

<< Previous [1] 2 Next >>

Tax on Distribution

Tax on distribution of Roth IRAs are discussed in this section of Roth IRAs information website. Tax on distribution from Roth IRAs depends on if the Roth IRA distribution is after tax money or before tax money.

How are Roth IRA earnings taxed? (Tax on distribution of Roth IRA earnings)

The table below summarizes tax on distribution of Roth IRA earnings. The tax treatment of Roth IRA earnings is shown below.

Tax on Distribution of Roth IRA Earnings
		From Date of First Roth Contribution
		Less than 5 Years		More than 5 Years
Age of Roth IRA Owner	Reason for Roth IRA Withdrawal*	Earnings Taxable of Roth IRA	Penalty Applied	Earnings Taxable of Roth IRA	Penalty Applied
59½ and Over	Any Reason	Yes	No	No	No
Less than 59½	Death Disability* First-time Home Purchase*	Yes	No	No	No
	Higher Education Expenses* 72(t) Distribution* Medical Expenses* Medical Insurance Premiums*	Yes	No	Yes	No
	No Exception Applies	Yes	Yes	Yes	Yes

<< Previous [1] 2 Next >>

Roth IRAs is a free resource website offering important facts and information on Roth IRA retirement plans. For your specific Roth IRA questions, please consult your tax attorney.

Tax Help Center