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Get your taxes done using TurboTax
TurboTax likely only asks for your Roth IRA year-end balance if you've entered an excess Roth IRA contribution. The penalty for an excess contribution is limited to 6% of the lesser of the excess or your year-end balance. Check to see if Form 5329 Part IV is present in your tax return.
March 16, 2024
5:12 AM