Can a lower income client (say about $15,000 of Sch C reported net income in 2015) open a Roth IRA right now; contribute say $1000 to it; claim the Form 1040 Retirement Savings Contribution Credit of about $350 for it (Line 51 for tax year 2015); and then, a few months later, withdraw the $1000 he contributed just a few months before, without violating any law or sustaining any penalty?
Thank you in advance.