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Get your taxes done using TurboTax
Hi @DanaB27
I am using Turbotax to do 2021 return. I realized that I made excess Roth IRA contribution in 2019, but never paid any penalty (not aware that I need to pay penalty). Should I make an amendment for previous years (2019, 2020) to pay the 6% penalty on excess amount? if so how do I do that, can I do it using Turbotax? I will withdraw the excess contribution amount sometime this year.
Thanks for your help.
‎April 3, 2022
11:58 AM