Get your taxes done using TurboTax

Thank you, I reviewed your token. Everything looks good. 

You now just need to adjust the excess amount on your 2022 tax return (because of the newly created excess in 2021):

1. Click on "Search" on the top right and type “IRA contributions”
2. Click on “Jump to IRA contributions"
3. Select “Roth IRA”
4. On the "Do you have any Excess Roth Contributions" answer "Yes"
5. On the "Enter Excess Contributions" screen enter the amount from line 24 of the 2021 Form 5329
6. On the "How Much Excess to 2022?" screen enter the remaining excess listed to be absorbed in 2022.

@sridharm