Understood, two final questions from me:
1. When making the payment, I can just pay whatever the penalty is and the IRS will know? Or will TurboTax direct me to make the payment? Just want to make sure I don't misdirect the payment or end up having additional fees/interest accrue
2. Can I amend my 2024 taxes before the actual removal of the excess contribution takes place/settles, or should I wait until it has settled before proceeding? Just want to make sure I don't run ahead of my skis here in case any issues with my custodian or the excess contribution distribution
Thank you so much for the help, you're a life saver!
