Gotcha, thanks so much for your help! I really appreciate it!
As a follow-up question: Say I remove the $170 plus applicable earnings this year to avoid the penalty for my 2020 taxes. When my 2020 1099-R form comes in the mail next year with the taxable earnings, what year is that taxable in? If it's taxable for its original contribution year (2018), that will generate even more excess because of the MAGI increase, unless I pull out enough to compensate for the excess, correct? Or would it be taxable in the year 2020, the year in which the excess contribution is removed, thus not causing any excess, since I'm well within the MAGI limits this year? This would not affect my 2019 filing at all, right?
