Similar circumstances, but different question:
While completing TT for tax year 2022 and entering a Roth IRA contribution from 3/7/2022, I am alerted that my modified AGI exceeded the limit for Roth IRA contribution, and I had asked my financial institution for Removal of an Excess IRA contribution which was calculated with the (loss) Net Income Attributable and after reading these posts, I was preparing to enter a 1099-R for 2023 to cover the removal of the excess contribution when it occurred to me that this contribution may be considered a 2021 contribution when my income was at a qualified level for Roth IRA contribution. I made a Roth IRA contribution of $1000 on 3/7/2022 and entered it on my tax year 2021 filing when my income level was within the MFJ limits for Roth contributions. So, my questions are:
1. Should this contribution be considered for the 2022 tax year when my income exceeded the contribution limit, or do I ignore it since it was made before the filing deadline for 2021 tax year and effectively was made in "2021"? If this is a 2022 contribution, then I assume I would just follow the advice of multiple previous posts.
2. If this was reportable in 2021 instead of 2022, what are the consequences of requesting the removal of the $1000 minus losses this year given that there was no taxable gain included and no tax withheld?
3. If this "Removal of Excess Contribution" was an error, how do I correct it?
