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Get your taxes done using TurboTax
Thanks so much for the quick reply! A couple follow ups, if possible.
1. Just want to confirm, then, that we should NOT include my wife's 1099 on the 2023 amendment, but rather file it in the 2024 standard filing. Is this going to create any issues for my 2024 contributions? I maxed out at $7000 each after confirming our income was lower this year and we were allowed to go up to the limit.
2. Even though the earnings are minor (~$200) they increase my income in 2023 and therefore lower my contribution limit to the Roth IRA, meaning that even after the excess contribution withdrawal, I am again over contributing... this seems quite circular and I don't know how to resolve it.
‎April 11, 2025
8:08 AM