I had excess contribution of $1800 back in 2015, and I had to pay tax on it. I never withdrew the money, and every year it is carried over in 2016, 2017 and 2018 , and I have to pay the 6% tax on it.
My question is why do I have to pay every year the tax , when I made a single excess contribution in 2015. It is carried over , year after year .
I know the simple answer is to use the money, but I do not understand why I have to pay every year for that contribution made in 2015
