tsfo
Returning Member

Get your taxes done using TurboTax

I'm confused. I know I have to pay the 2021 tax year 6% penalty.  But do I also need to pay the 6% on my 2022 taxes (not submitted yet)?  I am taking corrective action on my 2022 taxes - but the contribution was not removed until April 2023. It's before I file - but after Dec 31, 2022.