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Exceeded combined IRA contribution limit
Hello,
I made last minute contributions in 2024 to my Traditional and Roth IRA accounts. My broker's website portal showed my contribute limit was $8000 in each account. I did not see a warning on the portal that the limits were not separate but combined. After preparing my 2024 return, TurboTax made it clear I was over the combined limit. What can I do to remedy this situation?
Thank you.
Larry
Topics:
March 31, 2025
4:09 PM