Hi, I over deposited $5K to IRA in Jan 2021 for 2020 tax year. I have max my 401K and Roth with my employer for 2020. MAGI is 74K Pls help? Roth 20/21? Note on returns?
Can I use it for 2020 backdoor Roth? How to show it on my return in 2020? Thank you.
