I will call my company broker to make the withdrawal for the excess contribution.
I will request the payer name, company, and ID, correct? to fill out the 1099-R.
I checked 2024 for the 1099-R and noticed I had to pay additional tax, correct?
So for next year, when I prepare my 2024, will I have pay more tax when I get the 1099-R and select box 7, option 8?
Thanks for you help
