Hi,
In 2022 I made Roth Contribution, when I was working on my taxes thru Turbotax I realized in Feb 2023 that this excess. I immediately withdrew excess contribution prior to Tax deadline and I did not have any gain for the period. I read few articles and community forums on how to enter 1099-R for 2022 Roth excess withdrawal and it worked fine. Do I still enter "5498" I received for Roth IRA 2022 contribution I had made prior to withdrawal? As soon as I enter that, it is penalizing me 6% on my tax return.
