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Retirement tax questions
Thanks for your reply.
Where should i select yes for withdrawal of excess contribution? Turbo tax did not ask me anything about that 6000.
However when i said yes to 'Did you have any excess contribution in prior year years' and entered 6000 it created a form 5329. Should i just say No? Is 5329 not filled if excess contribution is withdrawn before due date? Is it not a distribution? Right now i do not see it reported anywhere on any tax form.
Vanguard customer support tells me that i should fill 5329.
March 8, 2021
8:06 PM