Retirement tax questions

What more do you need to know?  The $51 is an excess contribution and you need to ask the IRA custodian for a return of contribution  before the due date (April 15) to avoid penalties.   Be sure to ask for a "return of contribution plus earnings".

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**