Get your taxes done using TurboTax

Yes thank you again for this reply. 

I canceled the withdrawal and had the initial input re classified as a partial contribution for 2021 and the remainder for 2022.  I still had some excess in 2022 but just paid the tax on it for this tax year since it was small amount.  

 

I plan to see for next 2023 tax if I can push the remainder of excess into 2023 too but that remains to be seen.  Otherwise I might just withdraw that amount later this year (sooner rather than later so no gains are realized). 

 

I hope this thread is helpful to others that excess Roth contributions can be reclassified or pushed to the following tax year.  Just coordinate with the service you use to administer the Roth to do so. 

thank you again for your insight Dana. It was very helpful.