donjen95
Returning Member

Question regarding excess contribution to Roth

In reviewing my 23 Turbo Tax file, I noticed that I received a message in the deductions and credits that says I had an Roth overcontribution of 3768.  At one point, I recall this amount being 1644, which is what I withdrew from the Roth and moved to my traditional in March of 24.  I am handing the resulting 1099-R on my 24 taxes.

 

My AGI for 23 was nowhere near close to the income limit as I am retired.  AGI for 23 was 51,947.  I contributed 7500 to the Roth.

 

Why would turbo tax have indicated that I had this overpayment? I know I should have researched this at the time, but here I am.