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After you file
"only the growth will be taxable and it will be reported on 2024's tax return."
This is incorrect.
positive earnings allocable to a 2023 excess removal go on the tax return for the year of the contribution, 2023.
You will get a 1099-R with code "P" informing you to amend your 2023 tax return.
May 10, 2024
8:41 AM