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Get your taxes done using TurboTax
After removing excess contribution from Vanguard 'Traditional IRA' to savings account (non-retirement), It was said above that I have to pay taxes on 'Earnings' which is fine.
1. Do I have to pay taxes on the original contribution in 2024 (From Roth IRA to traditional IRA) ? There is no additional contribution
2. If I remove excess contribution, will Vangurad give their 1099 in 2025 or 2026?
March 20, 2025
6:36 PM