I made an extra $14 contribution to my Backdoor Roth. My Traditional IRA 1099R is showing $6014 for contribution. So Turbotax showed me the "You have a penalty" page and ask me to withdraw $14 from my traditional IRA account to avoid the 6% penalty tax each year.
However, all of my money has already rollover to the Roth IRA from Traditional IRA, I don't have $14 in my Traditional IRA account.
Question: how should I withdraw $14 in this situation?
1) Do I need to withdraw from Traditional IRA account? If so, do I need to recharacterize $14 from my Roth IRA to Traditional IRA (basically rollover $14 back to Traditional IRA) and then withdraw the $14 from the Traditional IRA account?
2) Can I withdraw from the RothIRA account directly? transfer $14 from RothIRA to my bank account.
Thank you!
