- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
question is regarding an overcontribution to traditional ira:
last year (2021), I had periodic contributions to my traditional IRA totaling $4000 for deducting in 2021 taxes. However when I prepared my tax I found that my AGI was too high and I could not use the IRA deduction. I alerted TRowe Price that it was a non-deductible IRA for 2021 and they asked if I wanted to withdraw it. I decided to NOT withdraw it and just leave it in the account. Now I don't know what to do with it as far as my tax preparation goes. Please Help - I am floundering!
‎April 9, 2022
6:18 AM