HopeS
Expert Alumni

Deductions & credits

You can still contribute in 2023 as long as your total contribution for 2023 is the  $6,000 excess from 2022 plus your 2023 contribution. For example, if your contribution limit is $6,500 and the excess is $6,000 you can contribute $500 without penalty.

 

@chaudiep26 

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