Made $7500 excess for 2023 in 2024, and have NIA of $1070. Will I owe interest on associated cap gains if I don't pay gains now via a 2023 amended return, making my own 1099-R with codes P&J?
I've started in TurboTax and taxes of $399 show which is 37% which seems crazy considering my effective tax rate was 8%.
Had all reversed before 2023 tax deadline so no penalty.
