Early withdrawal from Roth account
Hello. Thank you for you help with my question. So I had a simple ira acount from a previous employer that I rolled into a Roth account about 2.5 years ago. When I did this I paid taxes on the value of the account. I recently decided to withdraw the money from This account and close it. They just sent me the money, but they left a small amount in the account. The amount they left in the account is about 22.85% of the amount that the account grew since I rolled the money into it. My question is since I paid taxes in the money deposited in the account will I only have to pay taxes on the amount the account grew? Is that amount that they left in the account going towards those taxes? I believe they will send me a form so I can also pay the 10% penalty when I file my taxes next year. Thank you so much for your help
