Kellystaxes
Returning Member

Get your taxes done using TurboTax

thanks! Do I need to call the investment company to have to do something about this “move” from 2020 to 2022?

 

A follow up question: why cannot I just report this 2020 excess now on my 2021 return which is being worked on currently and pay the penalty now? Why do I have to wait till next year to pay the 6 percent penalty? I’m asking because now we are allowed to start contributing to 2022 naturally anyway.