Thank you for your expedient response. I unfortunately already electronically filed my taxes yesterday when I realized this oversight.
Can I immediately amend the return I just sent out?
So basically my earnings counts as an excess contribution as well?
To pay the 6% on the excess contribution, am I doing that in the amended 2020 tax year return and the 2021 tax year return as well? I'm confused because I had separate contributions in tax year 2021 as well, so do I combine those amounts?
To avoid this tax 2022 year's penalty can I do the following?
1) Withdraw the excess contribution before the this year's filing deadline - this is what you mean by "making a regular distribution"?
