Hi @DanaB27
I have a very similar situation and would appreciate it if you can help me.
I contributed $6000 to Roth IRA in 2022 and found out in 2023 that my income limit was over and removed $5000 (since it was a loss) in April 2023 before filing deadline.
I put in Box 1. $5000 and Box 2. $0 and Box 7. P, J
Question:
1). Is the above entry correct? TT keeps asking me about the $0 in box 2
2). TT is asking me to put an explanation for Form 8606-T return of IRA, is that an error? Do I need form 8606T for my excess contribution that I removed? I tried deleting the form but it still shows up in notifications on my TT
Thank you!
