In 2023, I was originally intending to a backdoor Roth. Instead I contributed 6500$ to Roth directly by mistake. Realized this within a week and reached out to my financial institution. They recharacterized the amount + contributions which is 6504$ to IRA. The 4$ was interest accumulation and it wasn't returned to me.
While filing my returns this year, Turbotax is flagging it as excess contribution. I have requested the 4$ + interest to be returned back to me in 2024 before tax filing deadline.
When turbo tax asks for any excess withdrawal and I enter 4$, it is adjusting my IRA contribution to 6496$. What I am expecting is for it to show 6500$ and the 4$ to be shown as excess contribution that was withdrawn - not sure if that's a separate form.
How can this be fixed. Please help! TIA!
P.S I am yet to file my taxes
