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Get your taxes done using TurboTax
return of excess contribution:
before tax filing date including extension: positive earnings allocable to the excess are included in income on 1040 Line 4b for the year of the contribution. negative earnings are ignored; in any case, for purposes of basis, consider the original contribution amount as returned.
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I think Vanguard still owes you a 1099-R for the $7,500 that you say was also returned to you
‎January 15, 2025
7:36 AM