I am over age 50 and contributed $7000 to my Roth IRA in 2022 for 2023. Turns out my income was too high so I had to recharacterize it as a traditional IRA contribution for 2023. The amount recharacterized was $7300 due to investment gains. IRS has revised the max contribution for 2023 to $7500 for those above 50. However, Turbotax tells me I cannot contribute more than $7000 and that the remaining $300 is an excess contribution. How do I fix this in Turbotax?
