I keep getting the fix error of:
IRA contributions Line 26: Taxpayer excess Roth contribution credit should be equal to $3220 ***, the Roth contribution credit from Form 5329 Part IV.
*** less than max Roth due to MAGI
My situation is 2021 I have excess $4140 contributions. Im withdrawing that full amount this tax year. So I have no excess this year 2022. So I am putting in zero, because if I withdraw the full excess Roth amount this tax year (in my case $4140), I will have zero contribution credit.
Any comments on the proper way to account for this? Thanks for the comments
