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Retirement tax questions
Hello,
Follow up on this topic. While filing for 2020 tax year. In turbo tax I entered the amount of excess contribution of $6000. It then asks "Contributions withdrawn before the due date". My question is, do I just enter the $6000 contribution amount, or do I also include earnings that were withdrawn? For example if I made $1000, do I enter just the $6000 contribution amount or do I enter $7000 in that field? Thank you.
March 11, 2021
7:23 AM