DanaB27
Employee Tax Expert

Deductions & credits

I assume you meant to say that you made an excess contribution for 2022 (not 2021). Please follow these steps on your 2023 return to apply the 2022 excess to 2023:

 

  1. Click on "Search" on the top right and type “IRA contributions”
  2. Click on “Jump to IRA contributions"
  3. Select “Roth IRA
  4. On the "Do you have any Excess Roth Contributions" answer "Yes"
  5. On the "Enter Excess Contributions" screen enter the total excess contribution from 2022 (if it wasn't carried over).
  6. On the "How Much Excess to 2023?" screen enter how much you want to apply to 2023.

 

Please see What happens if I made an excess Roth IRA contribution for additional information.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post