On your amended 2019 tax return you will need to enter the $6,000 Roth IRA contribution, then TurboTax will tell you it was an excess contribution and calculate the 6% penalty on Form 5329.
- Click on "Search" on the top right and type “IRA contributions”
- Click on “Jump to IRA contributions"
- Select “Roth IRA”
- Continue until TurboTax tells you have a excess contribution and shows you the penalty.
Please see How do I amend a 2019 return in TurboTax?
Yes, the earnings that are converted from the traditional to Roth IRA will be taxable income.
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