knba713
Returning Member

Retirement tax questions

@DanaB27 

 

Thanks for the tip.

 

I have try a few numbers for this "net contributions prior to 2020 on the Enter Prior Year Roth IRA Contributions screen". Only after I put $6000 in there, I won't get to pay extra tax or penalty. But does this make sense? I mean the $6000 I mistakenly put into my Roth IRA was in 2020, not prior to 2020.