I accidentally contributed to a Roth IRA over the past 3 years while being over the income limit. Below are my total contributions:
2021 - $6,000
2022 - $6,000
2023 - $6,500
The current value of the account is just over $13,000, reflecting a loss of roughly ~5,500. How do I handle this since everywhere I check describes a situation where the account has gains, not losses. The cost basis of my investment is well above the current value.
