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Correct Roth overfunding
I erroneously overfunded my Roth by $7K on Jan 13, 2020 and then withdrew the $7K on Jan 21, 2020. Schwab issued a 1099R with an 8J distribution code. Is this correct? Is a 5329 even required in this instance? TT says there is no extra tax to pay because I took no withdrawals from a retirement account before retirement age.
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March 3, 2021
2:53 PM