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Retirement tax questions
I have a similar issue although my excess investment was $1200.00. I am pretty sure that equates to a $72.00 penalty. I have not yet pulled the money from the Roth Account and when I do can I then reinvest it in a Traditional account? If I do what are the implications of that ? Will it just be something That I need to report in 2021 return?
March 19, 2021
11:22 AM